Average inflation in Singapore

Departamento de Estadistica de Singapur · Monthly · Importance 75

IMF forecast (WEO): 2026: 2.3% 2027: 1.9% 2028: 2.0% 2029: 2.0% 2030: 2.0% 2031: 2.0%

2.2% (Jul-26) YOY · % · Mensual · CSV

Period	%
Jul 2026	2.2%
Jun 2026	1.9%
May 2026	1.8%
Apr 2026	1.8%
Mar 2026	1.8%
Feb 2026	1.2%
Jan 2026	1.4%
Dec 2025	1.2%
Nov 2025	1.2%
Oct 2025	1.2%
Sep 2025	0.7%
Aug 2025	0.5%
Jul 2025	0.6%
Jun 2025	0.8%
May 2025	0.8%
Apr 2025	0.9%
Mar 2025	0.9%
Feb 2025	0.9%
Jan 2025	1.2%
Dec 2024	1.5%
Nov 2024	1.6%
Oct 2024	1.2%
Sep 2024	1.9%
Aug 2024	2.2%
Jul 2024	2.5%
Jun 2024	2.5%
May 2024	3.1%
Apr 2024	2.6%
Mar 2024	3.0%
Feb 2024	3.6%
Jan 2024	3.1%
Dec 2023	3.8%
Nov 2023	3.6%
Oct 2023	4.8%
Sep 2023	4.1%
Aug 2023	4.1%
Jul 2023	4.1%
Jun 2023	4.5%
May 2023	5.1%
Apr 2023	5.8%
Mar 2023	5.5%
Feb 2023	6.3%
Jan 2023	6.6%
Dec 2022	6.5%
Nov 2022	6.7%
Oct 2022	6.8%
Sep 2022	7.5%
Aug 2022	7.5%
Jul 2022	7.1%
Jun 2022	6.7%
May 2022	5.6%
Apr 2022	5.4%
Mar 2022	5.4%
Feb 2022	4.3%
Jan 2022	4.0%
Dec 2021	4.0%
Nov 2021	3.9%
Oct 2021	3.3%
Sep 2021	2.5%
Aug 2021	2.4%

About this indicator

Source	Singapore Department of Statistics
Frequency	Monthly
Release	Publicación anual, referida al conjunto del ejercicio y sujeta a revisión.
What it is	Singapore's average annual inflation: the change over the year in the prices of a representative basket of goods and services bought by households, measured by the consumer price index (CPI) published by the Department of Statistics (SingStat). It is the city-state's main cost-of-living gauge.
How it's calculated	SingStat regularly surveys the prices of a basket weighted by household spending and builds an index against a base year. The monthly CPI gives the year-on-year rate, and average annual inflation summarises price movements over the year as a whole.
Market implications	The Monetary Authority of Singapore (MAS) runs policy through the exchange rate rather than interest rates, so inflation is decisive for the Singapore dollar's trading band. Markets pay particular attention to MAS core inflation, which excludes accommodation and private transport.
Limitations	Headline CPI is heavily influenced by accommodation and private transport costs (vehicle certificates of entitlement), which are volatile and unusually weighted in Singapore, so it may not reflect underlying price pressures well. It is subject to revisions and re-weightings.