Inflation slowed down doesnt mean price of goods dropped. It just meant a lower increment.

For price to drop, it is deflation. As long as there is inflation, regardless of %, price of goods will go up 

Singapore February Core Inflation Rises Lower-Than-Forecast 5.5%

(Reuters) - Singapore's key consumer price gauge rose 5.5% in February, unchanged from the previous
Singapore February Core Inflation Rises Lower-Than-Forecast 5.5%

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