SINGAPORE (Aug 23): Singapore's overall consumer price index (CPI) edged up to 0.6% year on year in July, from 0.5% in June, according to local authorities.

The higher inflation was mainly contributed by higher retail and water prices in July, said the statement jointly released by the Ministry of Trade and Industry and Monetary Authority of Singapore (MAS) on Wednesday.

The retail and water prices rose by 1.2%, reversing the 0.2% decline in June.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Related Stories

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook