Singapore PPI Inflation Eases Further In October

(RTTNews) - Singapore's producer price inflation eased for the fourth straight month in October, data from the Department of Statistics showed on Tuesday.

The manufacturing producer price index climbed 11.6 percent year-on-year in October, slower than the 13.8 percent surge in the prior month.

The oil-index grew 20.6 percent annually in October and the non-oil index registered an increase of 10.0 percent.

Domestic supply prices were 8.5 percent higher in October from a year ago, after a 12.8 percent gain in September.

On a monthly basis, producer prices edged up 0.2 percent in October, after showing no variations in the previous month.