Thursday, June 25, 2015

Inflation is down 0.4%

These are the Singapore inflation rates for 2015:
January: -0.4%
February: -0.3%
March: -0.3%
April: -0.5%
May: -0.4%

Apologies as I was quite busy the past few months, so much that I forgot that I have not yet posted last month's inflation rates. For the month of May, both Food & Education rose by 1.8% and 3.1% respectively year on year. Transport inflation was surprisingly trending higher, even though inflation seems to be tame in many parts of the world.

As mentioned, Transport inflation has trended higher but surprisingly, housing & utilities inflation is trending lower than usual. Inflation is slowly ticking up but looking at the inflation trend, it seems that it is still on a downward trend.

Inflation is going to be negatively impacted this year. We have not yet have any months with positive inflation so far, so we might be having near 0 experience

No comments:

Post a Comment

Please bear with the word verification as I have been getting tons of spam comments daily.

You will see 2 sets of images for the word verification. Type the characters you see on the first image, followed by a space, and the characters you see on the second image.

Related Posts Plugin for WordPress, Blogger...

Visit Rhinestic's Knick Knacks @ Etsy for handmade goods and supplies!





eXTReMe Tracker