India, March 28 -- Singapore's producer prices increased for the third straight month in February, driven by the growth in the non-oil index, data from the Department of Statistics showed on Friday.
The manufacturing producer price index rose 5.5 percent year-on-year in February, slower than the 6.1 percent increase in January.
The non-oil index climbed 7.5 percent annually in February, while the oil index declined by 5.3 percent.
The increase in the non-oil index was mainly driven by the machinery and transport equipment index, attributed to higher prices of electrical machinery apparatus, as well as the food and live animals, crude materials, and animal and vegetable oils indices.
Domestic supply prices were 5.1 percent higher in Febr...