| NEWS ARCHIVES |
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| All households saw lower prices in 2H of 2009 |
| 8 Feb 2010 |
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Prices of consumer goods in Singapore fell across the board in the second half of last year.
Data released today by the Department of Statistics (DOS) shows that the the consumer price index for general households fell by 0.4 per cent over the same period of 2008.
This compares with an increase of 0.8 per cent in the first half of 2009.
For the whole year of 2009, the inflation rate for general households was 0.2 per cent, lower than the 6.5 per cent for 2008.
The CPIs for the lowest 20 percent and top 20 percent income groups rose by 0.4 per cent each.
The middle 60 percent income group edged up by 0.1
per cent.
DOS says the increases in the CPIs for all income groups in 2009 were mainly attributed to higher costs of food and health care.
The rise in the CPI for the top 20 percent income group was also contributed by higher accommodation costs.
These price increases were partially offset by lower electricity tariffs as well as cheaper petrol and holiday travel.
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