(RTTNews) - Singapore's import price index fell 0.9% year-on-year in June following the 2.2% rise recorded in May, data released by Statistics Singapore showed Thursday. That was the first fall since October last year.The oil index rose by 4.7%, while the non-oil index fell by 2.2%. Among the components of the non-oil index, import prices of machinery and transport equipment declined 4.8% and beverages and tobacco prices dropped 0.7%. Increases were seen in the import price index for crude materials, by 14.9%, and food prices with 7.7% rise. Full Story
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