Singapore producer prices declined at a faster pace in August on a sharp fall in oil cost, data from the Department of Statistics showed Tuesday.
Producer prices decreased 9.3 percent on a yearly basis in August, following a 6.4 percent drop in July. Oil and non-oil indices were down 35.6 percent and 5.4 percent, respectively.
Month-on-month, producer prices dropped 1.2 percent versus a 0.1 percent fall in July.
Another report from the statistical office showed that import prices slid 6.8 percent annually, extending the 7.3 percent fall in July. The oil index dropped 25.3 percent and non-oil prices slid 1.1 percent.
On a monthly basis, import prices fell 0.1 percent, in contrast to the 1.9 percent rise in July.
Data showed that export prices decreased 0.6 percent on month taking the annual fall to 8.2 percent in August.
作者：RTTNews Staff Writer，文章来源RTTNews，版权归原作者所有，如有侵权请联系本人删除。
风险提示：本文所述仅代表作者个人观点，不代表 Followme 的官方立场。Followme 不对内容的准确性、完整性或可靠性作出任何保证，对于基于该内容所采取的任何行为，不承担任何责任，除非另有书面明确说明。
暂无评论，立马抢沙发