SINGAPORE – Inflation eased again in 2024 after the highs of 2022, thanks in part to cheaper cars, certain food items, clothing and footwear.   Price pressures remain, but households in all income groups have seen inflation fall by between 1.6 and 3 percentage points over the past 12 months. Singapore’s headline inflation – this includes private transport and accommodation costs – hit 6.1 per cent in 2022, the fastest rate of increase since 2008 and markedly above the historical average of 1.8 per cent from 1981 to 2021. Inflation eased to 4.8 per cent in 2023 and fell again to 2.4 per cent in 2024, noted the Department of Statistics (SingStat) on Jan 23. The lowest-income households experienced price increases of 2.7 per cent in 2024, just ahead of the 2.5 per cent jump for middle-income earners and the 2.1 per cent for top earners. Excluding rents of owner-occupied accommodation, the consumer price index (CPI) came in at 2.6 per cent for the lowest-income households, 2.4 per cent for middle-income households and 2 per cent for high-income groups.   https://www.straitstimes.com/business/inflation-eases-in-2024-as-prices-of-cars-some-food-items-clothing-fell-in-spore (ICE SINGAPORE)

Fonte notizia: The Straits Times, 11 February 2025