Chart of the Day: Check out the uptick in Singapore's export prices
It climbed 6.1% in January.
The Export Price Index climbed 6.1% in January this year, higher than the 4.1% increase in December.
This came as the oil index increased 55.9% while the non-oil index fell 0.6%.
For the non-oil indices, lower prices of Food & Live Animals at (-3.6%), Machinery & Transport Equipment (-1.7%), and Chemicals % Chemical Products (0.2%) were partially moderated by higher prices of Crude Materials (25.1%), Animal & Vegetable Oils (10.7%), Manufactured Goods (3.0%), Miscellaneous Manufactured Articles (2.3%), and Beverages & Tobacco (0.2%).