SINGAPORE, June 23 (Xinhua) -- Singapore saw a decline in consumer prices in May primarily driven by decreases in food, retail, and private transportation inflation, according to a report jointly published by the Monetary Authority of Singapore (MAS) and Ministry of Trade and Industry (MTI) on Friday.

The MAS core inflation eased to 4.7 percent on a year-on-year basis in May, compared to 5.0 percent in April.

This was mainly driven by a decline in inflation for services and food.

Consumer price index (CPI)-all items inflation eased to 5.1 percent on a year-on-year basis in May, compared to 5.7 percent in April. This largely reflected a fall in private transport inflation, in addition to lower core inflation. Enditem

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