Singapore International Political Economy

The Singapore economy saw inflation slow for a second month in a row according to Bloomberg.

Singapore’s Department of Statistics stated that the consumer price index moved to 6.4 percent as opposed to gaining 6.5 percent a year ago.

Specific Singapore economic inflation data in August year over year include the following:

• Singapore food prices rose 8.4 percent
• Singapore transport and communication costs rose 2 percent
• Singapore housing costs rose 12.8 percent