In September, transport saw the highest y-o-y increase at 6.3% among the rest of the sectors due to a faster pace of increase in car prices and higher petrol prices.
Singapore’s headline inflation stood at 4.1% y-o-y in September, up from 4.0% in August, due to higher private transport prices.
Meanwhile, Monetary Authority of Singapore (MAS) core inflation, which excludes accommodation and private transport, eased to 3.0% on a y-o-y basis, down from 3.4% in August. The lower core inflation was due to lower inflation for food and retail & other goods.
