Inflation is up 5.5%

These are the Singapore inflation rates for 2011:
January: 5.5%
February: 5.0%
March: 5.0%
April: 4.5%
May: 4.5%
June: 5.2%
July: 5.4%
August: 5.7%
September: 5.5%

Transport and Housing are once again leading the pack, rising by 11.4% and 9.6% respectively year on year. The inflation was as expected in my previous post, most probably due to the slight reduction in pricing of commodities. The rest of the inflation rates for the other goods and services are stable, which is not quite good as it means inflation rates will remain high.

Judging from the inflation rate this month, I guess inflation may hold at 5.5% for this month or go slightly lower at 5.4%.