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SINGAPORE - Singapore's May consumer price index rose a seasonally adjusted 0.8 percent from April, thanks to the higher costs of housing and transport, the Department of Statistics said in a statement on Tuesday.
From a year earlier, consumer prices fell 0.3 percent in May, the second month of contraction, as prices for communication, transport and recreation fell, the agency said.
Singapore's consumer price index has been on the downtrend since peaking at a 26-year high of 7.5 percent in April, May and June last year.
(Reporting by Nopporn Wong-Anan; Editing by Neil Chatterjee).
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