The first half of the year saw a 0.2% year-on-year dip in the consumer price index (CPI) for all items for general households. This is a reversal from the 0.5% increase registered in 2H2019, the Department of Statistics (Singstat) announced on July 23.
Singapore’s core and headline inflation have taken a hit this year, with both metrics deepening into the red after the circuit breaker measures were imposed on April 7.
Core inflation registers price increments to sectors other than accommodation and private transport, while headline inflation reflects the total inflation in the economy.
