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Clothing & footwear go costly in August

24 Sep '05
1 min read

The Consumer Price Index is one of the most useful indicators of inflation. It measures the change in prices of a fixed basket of goods and services commonly purchased by the majority of households.

The CPI for Jan-Aug 05 rose by 0.2% over the same period last year. The increase was attributed mainly to dearer food, cigarettes and electricity tariffs. Prices of clothing & footwear increased by 3.6 percent.

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Statistics Department, Government of Singapore

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