This is a significant drop from the 0.3% recorded in the previous month and below the 0.1% forecast by private sector watchers in a Reuters poll.
SINGAPORE (Mar 23): Singapore’s core inflation continued its decline, falling into the red in February for the first time in a decade. The last time it was in the negative terrain was in January 2010, when it dipped to -0.5%.
The price gauge, which registers inflation levels excluding accommodation and road transport costs, came in at -0.1% for February 2020, according to the consumer price index (CPI) released by the Department of Statistics on Monday.
