Financial News: Singapore Inflation Eases To 0.6%, Lowest Since Early

Singapore Inflation Eases To 0.6%, Lowest Since Early 2021

08/25/2025 - 02:37:00 (RTTNews)

(RTTNews) - Singapore consumer price inflation eased in July to the lowest level in four-and-a-half years, the Monetary Authority of Singapore reported on Monday.

Consumer prices climbed 0.6 percent annually in July, slower than June's stable increase of 0.8 percent. The expected inflation rate was 0.7 percent.

Further, this was the weakest inflation since January 2021, when prices rose only 0.2 percent.

On a monthly basis, consumer prices dropped 0.4 percent in May.

Data showed that MAS core inflation also softened to 0.5 percent from 0.6 percent in June, driven by a fall in the prices of retail and other goods, as well as lower electricity and gas inflation.

The slowdown in overall inflation was linked to easing accommodation and core inflation rates. The annual price growth in accommodation slowed to 0.5 percent from 1.0 percent, and the decline in electricity and gas costs deepened to 5.6 percent from 3.9 percent.Meanwhile, food inflation rose slightly from 1.0 percent to 1.1 percent.

Looking ahead, both MAS Core Inflation and CPI-All Items inflation are projected to average 0.5-1.5 percent in 2025, the MAS said.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Poland Retail Sales Growth Accelerates In July (15 min(s), 51 sec(s) ago)
(RTTNews) - Poland's retail sales growth improved more than expected in July after easing in t ...Full Story»

Czech Economic Sentiment Strengthens In August (28 min(s), 51 sec(s) ago)
(RTTNews) - The Czech economic confidence improved in August after falling in the previous month, ...Full Story»

Spain Producer Prices Rise 0.3% (01 hr(s), 01 min(s), 51 sec(s) ago)
(RTTNews) - Spain's producer prices increased at a slower pace in July, provisional data from ...Full Story»

Finland Producer Prices Fall 1.5% (02 hr(s), 02 min(s), 51 sec(s) ago)
(RTTNews) - Finland's producer prices decreased for the fourth straight month in July, data fr ...Full Story»

Singapore Inflation Eases To 0.6%, Lowest Since Early 2021 (02 hr(s), 22 min(s), 51 sec(s) ago)
(RTTNews) - Singapore consumer price inflation eased in July to the lowest level in four-and-a-hal ...Full Story»

Japan Leading Index Rises Less Than Estimated (02 hr(s), 43 min(s), 51 sec(s) ago)
(RTTNews) - Japan's leading index increased less than initially estimated in June to the highe ...Full Story»

New Zealand Retail Sales Climb 0.5% In Q2 (55 min(s), 09 sec(s) ago)
(RTTNews) - The total volume of retail sales in New Zealand was up a seasonally adjusted 0.5 perce ...Full Story»

New Zealand Retail Sales Data Due On Monday (02 min(s), 09 sec(s) ago)
(RTTNews) - New Zealand will on Monday release Q2 numbers for retail sales, highlighting a light d ...Full Story»