Singapore Inflation Rate

Last Release

May 31, 2025

Actual

0.8

Units In

0.9

Frequency

Monthly

Next Release

Jul 23, 2025

Time to Release

28 Days 6 Hours

Highest	Lowest	Average	Date Range	Source
34.3 Mar 1974	-3.1 Sep 1976	2.58 %	1962-2025	Statistics Singapore

In Singapore, the most important categories in the consumer price index are housing (25 percent of total weight) and food (22 percent). The index also includes: transport (16 percent), education (7 percent), health (6 percent), communication (5 percent) and clothing and footwear (3 percent). Recreation, alcoholic beverages, tobacco and others account for the remaining 16 percent of total weight.

Latest Updates

Singapore’s annual inflation rate edged down to 0.8% in May 2025, from 0.9% over the previous three consecutive months, matching market expectations. This marked the lowest reading since February 2021, as prices ticked lower for food (1.1% vs 1.4%) and transport (1.7% vs 1.8%). In addition, deflation deepened for recreation, sport and culture (-2% vs -1%) and miscellaneous goods and services (-0.4% vs -0.3%). On the other, costs accelerated for health (2.7% vs 2.5%), while remaining unchanged for housing and utilities (1%). At the same time, deflation slowed for information and communication (-1.9% vs -2%), household durables and services (-0.2% vs -0.7%), and clothing and footwear (-3.3% vs -3.4%). On a monthly basis, the CPI rose by 0.7% in May 2025, rebounding from a 0.3% decline in April. Meanwhile, the annual core inflation rate ticked down to 0.6% in May 2025 from a three-month high of 0.7% in the preceding month.