World Economic outlook - Singapore producer price inflation november 2011 ; Singapore's producer price inflation in the manufacturing sector slowed in November, data released by Statistics Singapore showed Thursday.
The manufactured products price index increased 8.5 percent on an annual basis in November, slower than the 8.8 percent growth seen in October. In September, the rate of growth was 7.3 percent. Prices of non-oil products moved up 1.9 percent annually, while prices of food products climbed 5.1 percent.
On a monthly basis, output prices in the manufacturing industry moved up 0.4 percent during the month, following the previous month's 2.2 percent growth.
At the same time, domestic supply price inflation quickened modestly to 11.9 percent in November from 11.6 percent in October. Month-on-month, domestic supply prices moved up 1.4 percent during the month, after rising 1.8 percent in the previous month.
Separately, the agency said Singapore's import price inflation increased to 7.5 percent in November from 7.2 percent in October. Month-on-month, import prices moved up 1 percent during the month, after rising 1.7 percent in the previous month.
Export prices advanced at a slower rate of 5.1 percent annually in November than the previous month's 5.4 percent rise. From October, export prices rose 0.7 percent, the agency said.
No comments:
Post a Comment