Whilst core inflation came in at 1.2%.
Singapore prices registered an almost flat growth in March, expanding by a measly 0.7%.
According to a joint release by Monetary Authority of Singapore and Ministry of Trade and Industry Singapore, private road transport inflation eased to 6.9% from 7.1% in February, as the faster pace of increase in car and motorcycle prices was offset by the smaller pickup in petrol prices.
Meanwhile, services inflation went up slightly to 1.6% thanks to a pickup in airfares following price declines in the previous month, even as telecommunication services fees fell.
Food inflation was unchanged at 1.3% even when restaurant prices increased at a faster pace. The growth was dragged by the slowing of non-cooked food inflation.
Accommodation recorded the worst number, after its cost fell by 4% amidst the softness in the housing rental market.
MAS Core Inflation came in at 1.2% in March, the same as in the previous month, as price changes in the core components of the CPI basket were broadly stable.
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