The Wall Street Journal, 23 Feb 2010
The consumer price index—a noncore measure of costs for goods and services—rose 0.2% in January from a year earlier, the Singapore Department of Statistics said Tuesday.
Pushing the index higher was a 7.1% rise in transport costs—following jumps in the prices of cars and petrol—and a 0.1% rise in food costs, which account for 22% of the index.
However, these rises were mitigated by a 2.4% drop in housing costs, a fall that in part reflects a change in the way such prices are measured—the department now uses monthly rental costs instead of annual property valuations. Full Story
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