- POSTED: 23 May 2014 13:06
- UPDATED: 23 May 2014 15:29
Inflation in April rose 2.5 per cent compared with a year ago, pushed up by higher food, transport and healthcare costs: SingStat
SINGAPORE: The Consumer Price Index (CPI) rose 2.5 per cent in April compared with a year ago, pushed up by higher food, transport and healthcare costs, according to the latest data from the Department of Statistics released on Friday (May 23).
Inflation last month picked up pace from March, when the CPI rose 1.2 per cent on-year following a rise of 0.4 per cent on-year in February, a four-year low.
Transport costs rose 5 per cent last month compared to April 2013, driven by the higher prices of cars, while healthcare costs went up 3.5 per cent. Food prices were up 3.1 per cent, on the back of a 5.7 per cent increase in vegetable and vegetable product prices, and a 7.7 per cent rise in fruit prices.