Singapore inflation

At its last meeting in July, the Monetary Authority of Singapore also kept policy settings unchanged.

MAS holds policy steady in October, expected to continue doing so in 2026

Better-than-forecast growth means ‘no urgency’ to change monetary policy settings, say economists

The latest move comes after the central bank kept policy settings unchanged in July.

Singapore keeps monetary policy settings unchanged in October, for second straight quarter

Full-year core inflation is now forecast at 0.5%, while the headline inflation range was narrowed lower

Food inflation holds steady at 1.1% as a slight moderation in non-cooked food inflation is offset by a mild pickup in food services inflation.

Singapore’s core inflation slows to 0.3% in August, below expectations

Headline inflation also slows to 0.5%, down from 0.6% in July

Food inflation edged up to 1.1%, from 1% the previous month, as the prices of food services and non-cooked food rose at a quicker pace.

Singapore’s core inflation eases to 0.5% in July, below forecasts

Headline inflation also slows to 0.6%, down from 0.8% in June

MAS expects growth momentum to moderate over the year, but notes that the risk of a sharp step-down in global growth in the near term has receded.

Economists mixed on MAS October policy decision after central bank stands pat in July

Some expect the Monetary Authority of Singapore to maintain the status quo, others believe that it will resume slope reduction

The latest move comes after two previous rounds of easing in January and April.

Singapore leaves monetary policy settings unchanged in July

Full-year core and headline inflation forecasts remain unchanged at 0.5 to 1.5%

June’s core inflation, which excludes accommodation and private transport, remained unchanged at 0.6% year on year.

Expectations still mixed on likelihood of monetary easing in July as core inflation holds steady

The lower-than-expected June reading prompts some economists to lower their full-year forecasts

Food inflation eased slightly to 1%, from 1.1% in May, as the prices of food services and non-cooked food rose at a slower pace.

Singapore’s core inflation holds steady at 0.6% in June, lower than forecasts

Economist expects MAS to adopt a ‘wait and see approach’ for Jul 30 policy meeting