Singapore inflation falls...

Even though inflation in Singapore has fallen to 4% in July but it doesn't seem like I'm paying lesser in Singapore though..


Singapore's consumer price index rose 4.0 percent in July from a year earlier, the slowest gain in nearly two years, as housing and transport costs rose at a slower pace.


William Cho | Flickr | Getty Images

July's inflation number was below the 4.4 percent median forecast of 11 economists polled by Reuters as well as June's 5.3 percent.
The Monetary Authority of Singapore's (MAS) core inflation measure rose 2.4 percent year-on-year and was 0.2 month-on-month, compared with June when core inflation rose 2.7 percent year-on-year and was flat month-on-month.    
Core inflation excludes the cost of accommodation and private road transport, which are strongly influenced by government policy, and is the figure the MAS pays more attention to when deciding monetary policy.

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