Singapore’s headline consumer price index in February rose the most in more than two years on the back of increased private road transport cost, data showed on Thursday.
The all-items consumer price index (CPI) in February rose 0.7 per cent from a year earlier, matching the median forecast in a Reuters poll, the highest since September 2014.
Headline CPI rose at 0.6 per cent in January after climbing for the first time in two years in December.
Singapore’s core CPI rose to 1.2 per cent in February from a year earlier, also matching the Reuters poll.