This is a marginal improvement from the 0.4% contraction posted in July.
Singapore’s core and headline inflation remained in the red for the seventh straight month in August 2020, but eased slightly from the decade-low numbers seen in July.
Core inflation – which gauges price increments to sectors other than accommodation and private transport – came in at -0.3% year-on-year in August, according to the consumer price index (CPI) released by the Department of Statistics (Singstat) on September 23.
