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SINGAPORE (Reuters) - Singapore's annual inflation fell 0.7 percent in April, the first drop since June 2005, from
a rise of 1.6 percent in March as transport, housing and communication costs fell.
Consumer prices contracted 1.5 percent after seasonal adjustments month-on-month, after flattening in March, the
Department of Statistics said in a statement on Monday.
Singapore's inflation has been on the downtrend since peaking at a 26-year high of 7.5 percent in April, May and June last year.
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