Singapore’s consumer price index (CPI) increased by 5.5 per cent in September, compared to the same period last year on the back of higher costs of housing, private road transport and food, said the Department of Statistics Singapore on Monday.
It pointed out that the 9.6 per cent rise in housing cost was due to higher accommodation cost and electricity tariffs.
Meanwhile, the higher cost of private road transport which climbed to 11.4 per cent was primarily caused by a significant increase in Certificate of Entitlement (COE) premiums as well as higher price of petrol.
However, September’s CPI fell by 0.2 per cent from 5.7 per cent in August. The decline was attributed to lower costs of commodities including private road transport, clothing and footwear.
According to Singstat, this more than offset the higher prices of food and accommodation. It added that the lower cost of private road transport was due to fall in COE premiums.




By 


149 comments