Food prices
Food prices rise to highest in three years on Iran war costs
Global growers are already warning of decreasing planting areas and crop yields with costs surging
Coffee, milk powder among 5% of common household items hit by ‘shrinkflation’ in Singapore: Singstat
SingStat regularly monitors some 3,000 products for the compilation of the monthly consumer price index
‘Sufficient’ fuel and food reserves, but Singaporeans may face higher prices and fewer options: Shanmugam
There is a ‘low probability’ of disruptions to domestic energy and electricity supply due to the Iran war, but they cannot be ruled out, he says
Food manufacturers fret as Iran war sends diesel, logistics, packaging cost soaring
They are now bracing for higher electricity and natural gas prices
Economists expect raised inflation forecast, MAS policy tightening in April on war-led cost pressures
Barclays is the outlier, expecting a policy move only in July
Singapore import costs to face pressure amid energy price hikes: MAS; Feb core inflation accelerates to 1.4%
It will update inflation outlook in April policy statement; MAS, MTI keep 2026 core and headline inflation forecasts at 1-2% but flag that prices likely to increase
Less than 1% of food in Singapore comes from Middle East, but prices could still go up: Grace Fu
[SINGAPORE] Less than 1 per cent of Singapore’s food supply comes from the Middle East, with supplies from major ports in the Strait of Hormuz accounting for less than 0.5 per cent.
Retailers say neigh to price hikes in the Year of the Horse
Many are pulling the reins on increasing costs to remain competitive
UK food prices and shop price inflation pick up at end of 2025: survey
[LONDON] British store chains raised their prices more quickly last month and they might struggle to avoid further increases in 2026 due to higher costs, the British Retail Consortium said on Tuesday.
Singapore’s core, headline inflation hold steady at 1.2% in November
Official forecasts for 2025 also remain unchanged, at 0.5% for core inflation and 0.5% to 1% for headline inflation
