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Singapore producer price index at 7.8% in September

Share Source By

Dion Global

29 Oct 2018

The Singapore's manufactured products price index increased 7.8 per cent in September over the previous year, following the 9.8 per cent increase in August.

The oil and non-oil indices surged 31.8 per cent and 3.3 per cent, respectively.

On a monthly basis, manufactured products prices dropped 0.3 per cent after staying unchanged in August.

Another report from the statistical office showed that import price inflation held steady at 9.2 per cent in September. Month-on-month, import prices climbed 1 per cent following a flat change in August.