The Singapore Department of Statistics has reported a decline in the country’s price indices for February 2025.
The Monthly Import and Export Price Indices fell by 1.5% and 0.5% respectively compared to January 2025.
Additionally, the Singapore Manufactured Products and Domestic Supply Price Indices decreased by 0.5% and 0.7% respectively.
Excluding oil, the indices showed a similar downward trend with the Import, Export, Singapore Manufactured Products, and Domestic Supply Price indices dropping by 1.5%, 0.3%, 0.2%, and 0.3% respectively.
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