Singapore's core inflation rises to nearly two-year high of 2.2% in August
Consumers could face higher prices in the months ahead as energy costs remain elevated.
Singapore's core inflation surged to a near two-year high of 2.2% in August 2026, according to official data released on Wednesday. This marked an increase from 2% in July 2026, making it the highest figure since September 2024. The rise was primarily fueled by elevated inflation for services, retail, and food items, as reported by the Monetary Authority of Singapore (MAS) and the Ministry of Trade and Industry (MTI).
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Also reported by 5 other outlets
- Singapore's core inflation rises to nearly two-year high of 2.2% in August channelnewsasia.com
- Singapore core inflation picks up to 2.2% in August on higher services, retail and food costs businesstimes.com.sg
- Singapore’s core inflation climbs to 2.2% in August straitstimes.com
- Singapore CPI rises as expected in August, core inflation hits 2-yr high investing.com
- Singapore's core inflation rate rises to 2.2% in August, above forecast brecorder.com
