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

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