Meanwhile, headline inflation – the measures the total inflation in the economy – came in at -0.5%, making June the metric’s third month in the red. However, the decline narrowed from May’s -0.8% thanks to lower private transport costs.
Singapore’s core inflation stayed in the red for the fifth straight month in June.
The price gauge, which registers the inflation levels excluding accommodation and private transport costs came in at -0.2% year-on-year, unchanged from May, according to the consumer price index (CPI) released by the Department of Statistics on July 23.
