Core consumer prices in Singapore decreased 0.40 percent in July of 2020 over the same month in the previous year.

Core Inflation Rate in Singapore averaged 1.65 percent from 1990 until 2020, reaching an all time high of 6.50 percent in May of 2008 and a record low of -1.40 percent in October 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 September of 2020. source: Monetary Authority of Singapore

Core Inflation Rate in Singapore is expected to be -0.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Core Inflation Rate in Singapore to stand at 1.50 in 12 months time. In the long-term, the Singapore Core Inflation Rate is projected to trend around 2.20 percent in 2021, according to our econometric models.

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Singapore Core Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
-0.40 -0.20 6.50 -1.40 1990 - 2020 percent Monthly

Calendar GMT Actual Previous Consensus TEForecast
2020-05-26 05:00 AM Apr -0.3% -0.2% -0.4% -0.4%
2020-06-23 05:00 AM May -0.2% -0.3% -0.4% -0.5%
2020-07-23 05:00 AM Jun -0.2% -0.2% -0.2% -0.2%
2020-08-24 05:00 AM Jul -0.4% -0.2% -0.3% -0.2%
2020-09-23 05:00 AM Aug -0.4% -0.5%
2020-10-23 05:00 AM Sep -0.3%
2020-11-25 05:00 AM Oct
2020-12-23 05:00 AM Nov

Singapore Core Inflation Rate
In Singapore, the core inflation rate tracks changes in prices that consumers pay for a basket of goods excluding changes in the price of cars and accommodation, which are influenced more by government policies.