Inflation Rate in Singapore decreased to 0.60 percent in July from 0.80 percent in June of 2025. This dataset provides - Singapore Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2019, the average inflation rate in Singapore amounted to about 0.57 percent compared to the previous year, and it seemed to recover from sliding into the red throughout 2015 and 2016. For 2030, Singapore’s inflation is expected to level off at around 1.97 percent. Singapore’s economy in shortSingapore is a prospering, highly developed economy, relying heavily on its role as an intermediary port for transport and storage of goods and merchandise. The lion’s share of its GDP is generated by the services sector, mainly by financial services, oil-refining, and manufacturing. Tourism is also an important contributor. It is one of the leading economies in Asia with one of the highest GDPs in the ASEAN region. The great slump of 2015 to 2016As dramatic as it looks, there was no definite reason for Singapore’s inflation rate to drop below zero in 2015 and 2016. A slump in economic growth and oil prices, as well as a low consumer price index were most likely responsible for inflation taking a hit in those years. Singapore has since recovered and continues its success story as one of the leading economies in the East.

The Consumer Price Index in Singapore decreased 0.40 percent in July of 2025 over the previous month. This dataset provides - Singapore Inflation Rate Mom - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Inflation, consumer prices for Singapore (FPCPITOTLZGSGP) from 1961 to 2024 about Singapore, consumer, CPI, inflation, price index, indexes, and price.

In March 2025, core inflation in Singapore was at *** percent, down from *** percent in the previous month. The core inflation rate in Singapore has been declining since a high of *** percent in February 2023. The core inflation measures by the Monetary Authority of Singapore excludes accommodation and transport.

Core consumer prices in Singapore increased 0.50 percent in July of 2025 over the same month in the previous year. This dataset 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: Inflation forecast: The latest value from 2030 is 1.97 percent, unchanged from 1.97 percent in 2029. In comparison, the world average is 3.65 percent, based on data from 182 countries. Historically, the average for Singapore from 1980 to 2030 is 1.98 percent. The minimum value, -1.43 percent, was reached in 1998 while the maximum of 10.35 percent was recorded in 1981.

Singapore MAS Core Inflation: YoY (2019=100) data was reported at 1.800 % in Dec 2024. This records a decrease from the previous number of 1.900 % for Nov 2024. Singapore MAS Core Inflation: YoY (2019=100) data is updated monthly, averaging 1.700 % from Jan 1990 (Median) to Dec 2024, with 420 observations. The data reached an all-time high of 6.500 % in Jun 2008 and a record low of -1.400 % in Dec 2009. Singapore MAS Core Inflation: YoY (2019=100) data remains active status in CEIC and is reported by Monetary Authority of Singapore. The data is categorized under Global Database’s Singapore – Table SG.I031: MAS Core Inflation.

The latest inflation rate, i.e. the percent change in the CPI from a year ago to now, in Singapore was 1.31 percent. That number was released in . It shows a decrease from the inflation rate in the previous month when it stood at 1.52 percent. Compared to a year ago, we see a decrease from the...

Historical dataset showing Singapore inflation rate by year from 1961 to 2024.

Cost of food in Singapore increased 1 percent in June of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Singapore Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Inflation, consumer prices (annual %) in Singapore was reported at 2.3895 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Singapore - Inflation, consumer prices (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.

In 2024, the prices of food and beverage serving services in Singapore rose by *** percent compared to the previous year. This was the lowest inflation rate increase in the last three years.

Singapore MAS Core Inflation Index data was reported at 110.800 2009=100 in Dec 2014. This stayed constant from the previous number of 110.800 2009=100 for Nov 2014. Singapore MAS Core Inflation Index data is updated monthly, averaging 87.439 2009=100 from Jan 1990 (Median) to Dec 2014, with 300 observations. The data reached an all-time high of 110.800 2009=100 in Dec 2014 and a record low of 71.640 2009=100 in Mar 1990. Singapore MAS Core Inflation Index data remains active status in CEIC and is reported by Monetary Authority of Singapore. The data is categorized under Global Database’s Singapore – Table SG.I017: MAS Core Inflation.

Inflation, monthly percent change in the CPI in Singapore, July, 2025 The most recent value is -0.5 percent as of July 2025, a decline compared to the previous value of -0.1 percent. Historically, the average for Singapore from February 1961 to July 2025 is 0.21 percent. The minimum of -1.91 percent was recorded in March 1975, while the maximum of 4.76 percent was reached in July 1973. | TheGlobalEconomy.com

In a survey conducted by Rakuten Insight in March 2023, about ** percent of female and ** percent of male respondents in Singapore reported that increasing price of groceries had the most significant impact on them. In comparison, ** percent of female respondents were impacted by increased cost of personal care and health goods and services.

View yearly updates and historical trends for Singapore Inflation Rate Outlook, End of Period Consumer Prices. Source: International Monetary Fund. Track …

Inflation, GDP deflator: linked series (annual %) in Singapore was reported at 3.2419 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Singapore - Inflation, GDP deflator: linked series (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.

Singapore MAS Forecast: MAS Core Inflation: YoY: Mean data was reported at 1.800 % in Dec 2019. This stayed constant from the previous number of 1.800 % for Sep 2019. Singapore MAS Forecast: MAS Core Inflation: YoY: Mean data is updated quarterly, averaging 1.700 % from Jun 2012 (Median) to Dec 2019, with 31 observations. The data reached an all-time high of 2.700 % in Jun 2012 and a record low of 0.400 % in Mar 2016. Singapore MAS Forecast: MAS Core Inflation: YoY: Mean data remains active status in CEIC and is reported by Monetary Authority of Singapore. The data is categorized under Global Database’s Singapore – Table SG.I019: MAS Core Inflation: Forecast: Monetary Authority of Singapore: Survey of Professional Forecasters.

A survey conducted by Rakuten Insight in March 2023 found that ** percent of respondents in Singapore checked prices before purchasing goods or services because of inflation. Moreover, ** percent of respondents indicated that they had to cut back on unnecessary spending.