Singapore July Core Inflation at 2.0%, Below Expectations | MAS Policy Outlook – News and Statistics – IndexBox

We use cookies to improve your experience and for marketing. Read our cookie policy Manage cookies
Search across reports, market insights, and blog stories.
Singapore’s core consumer price index rose 2.0% in July from a year earlier, according to official data released on Monday. The core inflation rate, which strips out private road transport and accommodation costs, came in below the 2.2% median forecast from a Reuters poll. Headline inflation stood at 2.2% year-on-year in July, also lower than the poll’s 2.3% projection.
The Monetary Authority of Singapore had previously indicated that inflation was expected to accelerate from July and remain elevated through the first half of next year. Earlier this month, the trade ministry raised its 2026 growth forecast to 4.5%-5.5%, up from the previous 2.0%-4.0% range, following a 5.9% year-on-year expansion in second-quarter gross domestic product.
In late July, the central bank unexpectedly tightened monetary policy, citing persistent inflationary risks amid elevated energy cost pressures stemming from the Middle East conflict.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Export
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
The Largest Markets And Their Profiles
Instant access. No credit card needed.
Online access to 2M+ reports, dashboards, and tables. Trusted by Fortune 500 teams.
IndexBox, Inc.
2093 Philadelphia Pike #1441
Claymont, DE 19703, USA
Contact us
© 2026 IndexBox, Inc

source