Singapore's core inflation rises to 3.6% in May, highest in more than 13 years

Singapore’s core inflation rises to 3.6% in May, highest in more than 13 years

Singapore’s core inflation has surged to a 13-year high, driven by rising prices of food and utilities. It was 3.6% in May on a year-on-year basis. Including private transport and accommodation costs, headline inflation accelerated to 5.6%. All sectors saw…

Singapore's core inflation rises to 10-year high of 2.9% in March

Singapore’s core inflation rises to 10-year high of 2.9% in March

Singapore’s inflation is at its highest in a decade, driven up by prices for food and services. Overall inflation, which includes accommodation and private transport costs, came in at 5.4% for March, higher than February’s 4.3%. Core inflation jumped to…

MAS tightens monetary policy in surprise off-cycle move over inflation risks

MAS tightens monetary policy in surprise off-cycle move over inflation risks

Economists have welcomed Singapore’s move to tighten monetary policy to counter rising inflation, but they cautioned that more needs to be done to bring prices under control. The central bank will allow the Singapore dollar to appreciate slightly. This is…

Singapore's core inflation rises to 2.1% in December; prompts review of 2022 forecasts

Singapore’s core inflation rises to 2.1% in December; prompts review of 2022 forecasts

Singapore is reviewing its inflation forecasts due to significant uncertainty over its outlook in the near term. This comes as the country’s core inflation in December rose faster than projected, climbing 2.1% from a year earlier. Core inflation excludes accommodation…

Singapore inflation up 3.8% in November, fastest in over 8 years

Singapore inflation up 3.8% in November, fastest in over 8 years