Singapore's CPI rose 3.6% in November
Singapore's inflation rate rose by 3.6 per cent in November compared to the same period last year.
That's lower than the 4 per cent year-on-year increase seen in October, reflecting more moderate prices increases across most major categories in the CPI basket.
It's also below the 4 per cent on-year hike that economists had expected.
Cost of accommodation rose 6.6 per cent, lower than the 6.8 per cent in October due to slightly smaller rental increases for both private and HDB properties compared to a year ago.
Private road transport costs also rose at a slower pace of 6.7 per cent in November as COE premiums eased year on year.
Food inflation was stable at 1.7 per cent.