Services fees up 0.2% in December
There was a sharp increase in costs of household services.
The Monetary Authority of Singapore and the Ministry of Trade and Industry reported, “The cut in telecommunication charges was more than offset by sharper increases in the costs of household services and overseas travel. As a result, overall services fees rose by 0.2%.”
Meanwhile CPI-All Items rose by 0.7% in December 2012 following an increase of 0.1% in November.