Inflation up 0.7% in Jan

SINGAPORE’S inflation rose by 0.7 per cent in January from last December, due to higher housing, transport, education and stationery costs.

Compared to a year ago, the consumer price index was slightly higher by 0.2 per cent. Excluding accommodation costs, the CPI rose by 1 per cent, according to the Department of Statistics, which released the latest data on Tuesday.

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