Core consumer prices in Singapore increased 3.60 percent in May of 2022 over the same month in the previous year, the most since December 2008. source: Monetary Authority of Singapore
Core Inflation Rate in Singapore averaged 1.62 percent from 1990 until 2022, 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 June of 2022.
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 1.50 percent in 2023 and 1.00 percent in 2024, according to our econometric models.