Singapore Aug headline CPI falls 0.3 pct y/y, down for 22nd straight month

A man uses his mobile phone next to public housing residential apartments in Singapore September 13, 2016. Picture taken September 13, 2016. REUTERS/Edgar Su

SINGAPORE (Reuters) - Singapore's headline consumer price index fell in August, dragged down by declines in the costs of housing and transportation, data showed on Friday. The all-items consumer price index (CPI) in August declined 0.3 percent from a year earlier, after falling 0.7 percent in July. It marked 22 straight months of declines for the index, and compared with a 0.4 percent median slide forecast in a Reuters survey. Singapore's core CPI rose 1.0 percent in August from a year earlier. The median forecast was for a rise of 1.1 percent. (Reporting by Masayuki Kitano; Editing by Shri Navaratnam)