Photo courtesy of Arturo Rey

Consumer price index up 7.5% in August

Transport prices were over 20% higher than a year ago.

Singapore’s consumer price index (CPI) rose 7.5% in August compared to a year earlier, or 0.9% higher from July 2022, mostly driven by higher transport and food prices.

Transport prices jumped 20.2% compared to August 2021, whilst food prices were 6.4% higher over the same period of comparison, according to data released by the Singapore Department of Statistics.

Prices of clothing and footwear also jumped 8.7%.

Housing utilities are 6% higher, whilst education and healthcare prices logged a 2.2% and a 2.7% rise, respectively.

Follow the link for more news on

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!