Question1of 10
1 To reflect the latest consumption patterns and composition of goods & services consumed by resident households, the Singapore Consumer Price Index (CPI) is rebased once every _________.
2 What is the latest base year for the Consumer Price Index (CPI)?
3 If Consumer Price Index (CPI) for food was 100 points in 2024 and 97.2 points in 2023, what was the food inflation in 2024 over 2023?
4 Suppose a basket of goods and services cost $450 in 2023 and that the Consumer Price Index (CPI) increased 2.4% in 2024 over 2023. How much does the same basket of goods and services cost in 2024?
5 If the Consumer Price Index (CPI) for footwear was 98 points in January 2025, this means that:
6 What is the reference population of the CPI?
7 The Consumer Price Index (CPI) is published for households in the top ____%, middle ____% and bottom ____% income groups.
8 Which are the components excluded in the MAS core inflation?
9

In compiling the CPI, the Singapore Department of Statistics accounts for changes in quantity or packaging size, where possible, by adjusting the price data of the items tracked in the CPI basket on the basis of a fixed unit of measurement (e.g., price per 100g). The resulting price movement is reflected in the CPI as a pure price change.

Assuming in Month T, the packaging size for a bag of cookies was reduced from 100g to 80g but was still selling at the same price of $6, as in Month T-1.

What is the resulting price movement reflected in the CPI for this item in Month T over Month T - 1?

10 The goods and services in the CPI are broadly classified into ten main divisions. Which of the following is not a division in the CPI?
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