Singapore consumer prices fall for third month

Forbes.com, 23 Jul 2009, Associated Press
SINGAPORE -- Singapore's consumer prices fell in June as a steep drop in crude oil reduced transportation costs and helped trigger a third month of deflation.
The consumer price index fell 0.5 percent in the 12 months through June after a 0.3 percent drop in the 12 months to May, the statistics department said Thursday. Compared to May, June's CPI also slipped 0.5 percent.
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