Singapore's consumer prices rose much faster than expected in July due to the hike in the Goods and Services Tax (GST).
The Consumer Price Index (CPI) in July rose by 2.6% from last year, the highest rate in over 12 years, according to the Singapore Department of Statistics.
It followed the 1.3% year-on-year rise in June.
The Monetary Authority of Singapore (MAS) predicts CPI inflation this year to range between 0.5% and 1.5% before rising to 1% - 2% next year.
The data also showed an increase in prices across all sectors, with health-care costs up by the most by 5.7%.
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