Singapore inflation

More monetary policy tightening moves on the cards this year: economists

April’s revisions seen as pre-emptive; inflation pass-through from Iran war yet to show up in data

Risks to Singapore's growth are tilted to the downside, with the output gap forecast to average around 0% in 2026.

Chemicals sector bears brunt of Iran conflict so far, but MAS flags wider fallout ahead

Rising production costs could feed through to consumer prices, squeezing household incomes and cooling domestic demand

If the conflict is protracted, higher inflation in Singapore's source markets could also lead to further increases in import prices, says DPM Gan Kim Yong.

Iran war to hurt Singapore’s growth and drive inflation higher; forecasts to be revised: Gan

Beyond the energy and chemicals sector, higher costs will hurt wider manufacturing, transport and travel, as well as domestic services

February’s electricity and gas prices fall 4.3%, more sharply than January's 4.2%.

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

Singapore's next monetary policy statement will be released on or before Apr 14.

Iran war tips scales for MAS to go for stronger Singdollar in April: economists

Analysts now expect a 50 bps steepening of the S$NEER policy band slope

Food inflation held steady at 1.2% as the prices of non-cooked food and food services rose at similar rates in January and December.

Singapore core inflation eases to 1% in January, better than expected

Headline inflation up at 1.4% from 1.2% in December, driven by higher accommodation costs

The central bank expects core inflation in Singapore to “increase modestly” in the near term.

Economists expect MAS to tighten monetary policy in April or July, after keeping settings unchanged in January

Despite maintaining its policy stance on Thursday, the central bank raises full-year core and headline inflation forecasts to 1-2%

The latest move comes after the central bank similarly kept settings unchanged in October and July 2025.

Singapore leaves monetary policy settings unchanged in January but raises inflation forecasts

MAS ups full-year core and headline inflation forecasts to 1-2%, from 0.5-1.5%