Singapore’s annual inflation rate held steady at 1.8% in April 2026, unchanged from March but below market expectations of 2%. It remained the highest reading since September 2024, as the transport costs rose to 7% from 6% in the prior month, as the ongoing Middle East conflict continued to trigger a surge in global oil prices and severe disruptions to energy supply chains. Prices also slightly increased for clothing and footwear (1% vs 0.9%), household durables and services (1.1% vs 0.9%), and miscellaneous goods and services (1.7% vs 1.5%). On the other hand, food inflation remained unchanged at 1.6%, while price growth moderated for housing and utilities (0.2% vs 0.3%) and healthcare (3.1% vs 4.0%). On a monthly basis, consumer prices fell 0.3% in April, reversing the 0.5% increase recorded in March. Meanwhile, core inflation, which excludes accommodation and private transport costs, eased to 1.4% from 1.7% in March, also coming in below market expectations of 1.7%. source: Statistics Singapore

Inflation Rate in Singapore remained unchanged at 1.80 percent in April. Inflation Rate in Singapore averaged 2.56 percent from 1962 until 2026, reaching an all time high of 34.30 percent in March of 1974 and a record low of -3.10 percent in September of 1976. This page provides - Singapore Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Singapore Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on June of 2026.

Inflation Rate in Singapore remained unchanged at 1.80 percent in April. Inflation Rate in Singapore is expected to be 2.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Singapore Inflation Rate is projected to trend around 2.50 percent in 2027 and 2.10 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-04-23 05:00 AM
Inflation Rate YoY
Mar 1.8% 1.2% 1.5%
2026-05-25 05:00 AM
Inflation Rate YoY
Apr 1.8% 1.8% 2% 2.5%
2026-06-23 05:00 AM
Inflation Rate YoY
May 1.8%


Related Last Previous Unit Reference
CPI 102.10 102.40 points Apr 2026
Core Consumer Prices 102.07 101.91 points Apr 2026
Core Inflation Rate YoY 1.40 1.70 percent Apr 2026
CPI Housing Utilities 99.30 101.50 points Apr 2026
CPI Transportation 109.00 107.30 points Apr 2026
Export Prices 104.33 101.30 points Apr 2026
Food Inflation 1.60 1.60 percent Apr 2026
GDP Deflator 134.00 135.60 points Mar 2026
Import Prices 108.28 108.57 points Apr 2026
Inflation Rate YoY 1.80 1.80 percent Apr 2026
Inflation Rate MoM -0.30 0.50 percent Apr 2026
Domestic Supply Price Index 133.03 129.04 points Apr 2026
Domestic Supply Price Index YoY 31.60 26.70 percent Apr 2026


Singapore Inflation Rate
In Singapore, the most important categories in the Consumer Price Index are: Housing (25%) and Food (21%). The index also includes: Transport (17%); Recreation & Culture (8%); Education (7%); Healthcare (7%); Communications (4%); Clothing & Footwear (2%); Miscellaneous Goods & Services (5%); and Household Durables & Services (5%).
Actual Previous Highest Lowest Dates Unit Frequency
1.80 1.80 34.30 -3.10 1962 - 2026 percent Monthly
2024=100, NSA

News Stream
Singapore Inflation Rate Steady in April
Singapore’s annual inflation rate held steady at 1.8% in April 2026, unchanged from March but below market expectations of 2%. It remained the highest reading since September 2024, as the transport costs rose to 7% from 6% in the prior month, as the ongoing Middle East conflict continued to trigger a surge in global oil prices and severe disruptions to energy supply chains. Prices also slightly increased for clothing and footwear (1% vs 0.9%), household durables and services (1.1% vs 0.9%), and miscellaneous goods and services (1.7% vs 1.5%). On the other hand, food inflation remained unchanged at 1.6%, while price growth moderated for housing and utilities (0.2% vs 0.3%) and healthcare (3.1% vs 4.0%). On a monthly basis, consumer prices fell 0.3% in April, reversing the 0.5% increase recorded in March. Meanwhile, core inflation, which excludes accommodation and private transport costs, eased to 1.4% from 1.7% in March, also coming in below market expectations of 1.7%.
2026-05-25
Singapore Inflation Rate Highest Since 2024
Singapore’s annual inflation rate rose to 1.8% in March 2026, from 1.2% in the previous month. This marked the highest reading since September 2024, driven largely by a sharp increase in transport costs, which climbed to 6% from 2.7% in February, amid higher petrol prices linked to prolonged Middle East tensions that disrupted global supply chains. Meanwhile, prices were stable for food (1.6%) and housing and utilities (0.3%), while easing was recorded in health (4% vs 4.2%) and recreation, sport and culture (1.7% vs 1.9%). Authorities noted that inflation risks remain tilted to the upside, warning that prolonged disruptions to global energy supplies or shortages in key inputs to regional supply chains could further increase imported costs for Singapore. On a monthly basis, consumer prices edged down to 0.5% from 0.6% in February. Meanwhile, the core inflation rate rose to 1.7% in March, from 1.4% in the preceding month, marking its highest level since November 2024.
2026-04-23
Singapore Inflation Rate Edges Lower
Singapore’s annual inflation rate edged lower to 1.2% in February 2026, from a thirteen-month high of 1.4% in the previous month. The main downward pressure came from housing and utilities (0.3% vs 1.7% in January), driven largely by softer prices in utilities and other fuels. On the other hand, food inflation picked up (1.6% vs 1.2%), particularly in cereal products, meat, and fruits and nuts. Transport costs also accelerated (2.7% vs 2.4%), led by private transport and land transport services. In addition, prices recovered for clothing (0.9% vs -0.4%) and information and communication (1.4% vs -1.9%), while inflation rose further in recreation, sport and culture (1.9% vs 0.6%). On a monthly basis, consumer prices increased 0.6%, rebounding from a 0.5% decline in January. Meanwhile, the core inflation rate rose to 1.4% from 1%, marking its highest level since December 2024.
2026-03-23