July 4, 2012

Core Inflation remained at 2.7% in May 2012

Excluding the costs of accommodation and private road transport, MAS Core Inflation was stable at 2.7%, as the  lower contribution from prices of  oil-related  items  was offset by slightly stronger services and food 
inflation.

Singapore’s CPI-All Items inflation eased to 5.0% y-o-y in May 2012 from 5.4% in April

CPI less imputed rentals on owner-occupied accommodation (CPI-ex  OOA)  inflation slowed to
4.0% in May from 4.4% in the preceding month



Source:http://www.mas.gov.sg/Monetary-Policy-and-Economics/The-Singapore-Economy/Inflation-Monthly/2012/Consumer-Price-Developments-in-May-2012.aspx
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