Prices of imported goods edge up 1.2%

Look at how much prices of other commodities rose.

According to SingStat, the Import Price Index rose 1.2 per cent in August 2012, following the 0.2 per cent increase registered in the preceding month.

Here's more from SingStat:

The Oil index increased 7.2 per cent, higher than the 3.8 per cent rise in July 2012, due to higher prices of crude petroleum and fuel oil. The Non-oil index fell 0.7 per cent, compared to the 0.8 per cent decline recorded in the previous month.

All Non-oil sub-indices registered declines, led by falls in the Machinery & Transport Equipment (-0.9 per cent), Miscellaneous Manufactures (-0.6 per cent) and Manufactured Goods (-0.4 per cent) indices resulting from cheaper integrated circuits, articles of jewellery and unwrought tin.

Change over same period of previous year
The Import Price Index rose 1.5 per cent in August 2012, in contrast to the 0.8 per cent decline in the previous month. The Oil and Non-oil indices increased 4.3 per cent and 0.5 per cent respectively.

For the Non-oil indices, the Beverages & Tobacco (3.6 per cent), Miscellaneous Manufactures (2.3 per cent) and Machinery & Transport Equipment (1.6 per cent) indices rose while the Crude Materials (-9.9 per cent), Animal & Vegetable Oils (-7.0 per cent), Food (-4.2 per cent), Manufactured Goods (-3.6 per cent) and Chemicals & Chemical Products (-0.6 per cent) indices declined.