The Macau Metro Monitor, October 23, 2012
SINGAPORE INFLATION RISES TO 4.7% IN SEPTEMBER Channel News Asia
Inflation in Singapore accelerated in September, driven by higher transport and housing costs. Data from the Department of Statistics showed that the consumer price index (CPI) for all items rose to 4.7% in September, from 3.9% in August. A joint statement issued by the Monetary Authority of Singapore and the Trade and Industry Ministry said: "This pick-up had been anticipated in the August inflation report and was largely attributed to the surge in COE premiums in August."