According to the latest official inflation report today, the prices of Education and Food have risen 3.2% and 2.1% respectively year on year from 2014 April. The overall Consumer Price Index (CPI) has fallen by 0.5% as a result of falling oil prices, transport and properties.
The category which registers the most significant fall is Housing and Utilities at -3.7%. Singapore’s property prices have been on a free fall for over a year since its prices peaked in 2014. Clothing and Footwear has always taken the plunge due to the weak retail resulting from high rentals in commercial shopping areas.
You may view the rest of the report from here.