In the year 2025, inflation in Singapore has cooled down.
Before the Monetary Authority of Singapore's meeting next week, Singapore's consumer inflation slowed last year, meeting policymakers' targets. The consumer price index rose steadily in the last month of 2025, resulting in an average increase of 0.9% for the year, compared to 2.4% in 2024. Core inflation, which excludes private road transport and accommodation costs, averaged 0.7% last year, lower than 2.8% in 2024. This indicator is closely monitored by the Monetary Authority of Singapore. As this data is released, the Monetary Authority of Singapore is expected to maintain its policy unchanged at its first meeting of 2026 next week.
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