Core consumer prices in Singapore increased 0.20 percent in February of 2021 over the same month in the previous year, the first yearly increase since January last year. source: Monetary Authority of Singapore
Core Inflation Rate in Singapore averaged 1.61 percent from 1990 until 2021, reaching an all time high of 6.50 percent in May of 2008 and a record low of -1.40 percent in October of 2009. This page provides the latest reported value for - Singapore Core Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Singapore Core Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on April of 2021.
Core Inflation Rate in Singapore is expected to be 1.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Core Inflation Rate in Singapore to stand at 1.30 in 12 months time. In the long-term, the Singapore Core Inflation Rate is projected to trend around 1.50 percent in 2022, according to our econometric models.