Singapore's Core Inflation Rises to Nearly Two-Year High of 2.2% in August

Singapore Inflation Rises To 2.3%, Highest In Over 2 Years

Singapore's consumer price inflation accelerated for the third straight month in August to the highest level in just over two years. Consumer prices climbed 2.3 percent year-over-year in August, faster than the 2.2 percent rise in July. MAS core inflation also climbed to 2.2 percent in August from 2.0 percent in July, led by higher costs for services, retail, and other goods and food.

Singapore core inflation rises to 2.2 pct in August

Singapore core inflation rises to 2.2 pct in August

Singapore Core Inflation Rises Third Month to Highest Since 2024

Global Market: Singapore core inflation hits nearly two-year high in August

In August, Singapore's core inflation rose to 2.2%, surpassing both the prior month's rate and expectations. Headline consumer price inflation also climbed to 2.3% year-on-year, indicating ongoing price pressures. The central bank anticipates that inflation levels will remain high into the following year. Moreover, the economic growth outlook for 2026 was notably increased to between 4.5% and 5.5%, highlighting the lasting challenges of inflatio…

Singapore’s core inflation climbs to 2.2% in August

Overall inflation rose to 2.3 per cent in August from 2.2 per cent in July. Read more at straitstimes.com.

Singapore core inflation picks up to 2.2% in August on higher services, retail and food costs

Headline inflation, which includes accommodation and private transport, rises to 2.3% Read more at The Business Times.