, Singapore

Consumer prices jump 4.5% in April

The increase was a result of higher costs of transport, housing and food.

According to the Department of Statistics, transport cost rose 11.7 percent compared with April 2010 mainly due to higher prices of cars and petrol.

Meanwhile higher accommodation costs and electricity tariffs pushed housing cost up by 5.1 percent.

The Department said food prices rose by 2.9 percent largely due to dearer prepared meals, seafood, vegetables, meat & poultry, dairy products & eggs as well as fruits.

On a year-on-year basis, the MAS core inflation measure -- which excludes the costs of accommodation and private road transport -- was 2.2 percent in April.

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.


The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.


So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.