Singapore’s annual core inflation rate, which excludes accommodation and private transport costs, slightly eased to 2% in September from 2.2% in August, undershooting market expectations of 2.3% as the import-reliant economy weathered renewed global oil price pressures. The slowdown supported the Monetary Authority of Singapore’s recent decision to keep monetary policy unchanged. The central bank also lowered its core inflation forecast for this year to 1.5%-2%, from a previous projection of up to 2.5%, while maintaining its outlook for headline inflation at around 2%. source: Monetary Authority of Singapore
Core consumer prices in Singapore increased 2 percent in September of 2026 over the same month in the previous year. Core Inflation Rate in Singapore averaged 1.75 percent from 1990 until 2026, reaching an all time high of 6.60 percent in June of 2008 and a record low of -1.40 percent in November of 2009. This page provides the latest reported value for - Singapore Core Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Singapore Core Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on October of 2026.
Core consumer prices in Singapore increased 2 percent in September of 2026 over the same month in the previous year. Core Inflation Rate in Singapore is expected to be 1.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Singapore Core Inflation Rate is projected to trend around 2.00 percent in 2027, according to our econometric models.