Singapore Inflation Rate Stays at 4-Year Low
2025-05-23 05:07
By
Chusnul Chotimah
1 min. read
Singapore's annual inflation rate stood at 0.9% in April 2025, unchanged from the previous two months but slightly above expectations of 0.8%.
This figure remained at its lowest level since February 2021, as prices edged higher for food (1.4% vs 1.3% in March), while they moderated for both housing and utilities (1.0% vs 1.2%) and transport (1.8% vs 1.9%).
Price also accelerated for health (2.5% vs 1.8%) and education (0.5% vs 0.4%).
Meanwhile, prices fell at a faster pace for recreation, sport & culture (-1.0% vs -0.9%), information and communication (-2.0% vs -1.1%), and household durables and services (-0.7% vs -0.5%).
Clothing and footwear prices dropped by 3.4% after being flat in March.
Meanwhile, prices declined at a softer rate for miscellaneous goods and services (-0.3% vs -0.4%).
Monthly, CPI fell by 0.3% in April 2025, following a 0.1% decline in March.
Meanwhile, the annual core inflation rate rose to a three-month high of 0.7%, up from a four-year low of 0.5% in March.