In December 2024, the overall Consumer Price Index (CPI) has decreased by 0.5 per cent year-on-year, from 107.7 in December 2023 to 107.2. The Food and Non-Alcoholic Beverages index and Non-Food index registered decreases of 1.2 per cent and 0.3 per cent respectively. Meanwhile, the Goods index and Services index recorded decreases of 0.2 per cent and 0.8 per cent respectively.
Compared to November 2024, the CPI has increased by 0.9 per cent on a month-on-month basis. The Food and Non-Alcoholic Beverages index and the Non-Food index increased by 0.1 per cent and 1.1 per cent respectively.
Overall, the CPI for 2024 recorded a decrease of 0.4 per cent compared to 2023.
