×

Singapore April all-items CPI falls on-year for 18th month

Commuters walk up an escalator inside the Raffles Place MRT station during rush hour at the central business district area in Singapore.
Getty Images
Commuters walk up an escalator inside the Raffles Place MRT station during rush hour at the central business district area in Singapore.

Singapore's headline consumer price index fell in April from a year earlier for a record 18th straight month, but the pace of decline moderated due to a low-base comparison, official data showed on Monday.

The all-items consumer price index (CPI) fell 0.5 percent from a year earlier, after sliding 1.0 percent in March, and compared to median 0.7 percent decline forecast in a Reuters poll.

Singapore's core inflation gauge rose 0.8 percent in April from a year earlier, the biggest increase since March 2015. The median forecast was for an increase of 0.9 percent.

Follow CNBC International on Twitter and Facebook.