29.10.201803:57:00UTC+00Singapore Producer Price Inflation Slows In September

Singapore's producer price inflation slowed in September, figures from the Department of Statistics showed Monday.

The manufactured products price index increased 7.8 percent in September over the previous year, following the 9.8 percent increase in August.

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

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

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