It was reported that the rateinflationthe basis ofSingapore It held steady at 5% for three months from October to December last year.
The Monetary Authority of Singapore (MAS) and the Ministry of Trade and Industry of Singapore (MTI) said on Monday (February 23) that inflation in January rose on the back of rising inflation.tax rategoods and services (GST), as well as sector inflation.serve Food and retail and others is also higher
“The CPI rose 0.8% month-on-month. This is partly due to the increase in GST” in the Monetary Authority’s report.Singaporewith the Ministry of Trade and Industry of Singapore
last yearinflationSingapore basis hit 5.5% as of November 2008.
channel website News Asia states that price indexGeneral consumer or overall inflation was 6.6% year-on-year in January. and higher than December 2022 at 6.5%, reflecting an increase in theinflationBasic and higher accommodation inflation.
