{
  "id": 16154964,
  "title": "Singapore’s core inflation eases to 2% in September",
  "url": "https://urgent.news/2026/10/23/singapores-core-inflation-eases-to-2-in-september",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-23T05:07:15.000Z",
  "source": {
    "name": "Straits Times Business",
    "slug": "straits-times-business",
    "url": "https://www.straitstimes.com/business/economy/singapores-core-inflation-eases-to-2-in-september"
  },
  "original_language": "en",
  "account": "Singapore's core inflation eased to 2% in September, according to data released by the Singapore Department of Statistics on October 23. This decline contrasts with 2.2% in August, indicating a slowdown in inflationary pressures within the economy. Core inflation, which excludes private transport and accommodation costs, provides a clearer picture of household expenses.\n\nOverall inflation for September stood at 2.2%, a reduction from 2.3% in the previous month. This downward trend is attributed to decreasing inflation rates in services, retail, other goods, and private transport sectors. Private transport inflation slowed to 7.1% from 7.5% in August and 8% in July. The slowdown is primarily due to a more gradual increase in car prices.\n\nAccommodation inflation rose to 0.9% in September from 0.8% in August. This increase is primarily driven by a faster pace of rise in housing rents. Meanwhile, services inflation dropped to 1.7% from 2% in August, mainly due to a smaller increase in point-to-point transport service costs and a significant decline in telecommunication service prices.\n\nRetail and other goods inflation decreased to 1.2% in September from 1.8% in the previous month. This reduction is attributed to declining furniture prices and slower increases in clothing prices. Food inflation increased slightly to 2.4%, from 2.3% in August and 2.2% in July. The rise in food inflation is due to higher inflation in both non-cooked food and food services.\n\nInterestingly, electricity and gas prices inflation remained unchanged at 8.7% for September. This stability is primarily due to electricity prices rising at a similar pace as in August.",
  "summary": "Overall inflation fell to 2.2% in September from 2.3% in August.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 7,
    "also_reported_by": [
      {
        "outlet": "The Business Times - Singapore",
        "title": "Singapore’s core, headline inflation moderate slightly in September to come in under consensus estimates",
        "url": "https://urgent.news/2026/10/23/singapores-core-headline-inflation-moderate-slightly-in-september-to",
        "published": "2026-10-23T05:00:00.000Z"
      },
      {
        "outlet": "CNA - Singapore",
        "title": "Singapore’s core inflation eases to 2% in September on lower services, retail prices",
        "url": "https://urgent.news/2026/10/23/singapores-core-inflation-eases-to-2-in-september-on-lower-services",
        "published": "2026-10-23T05:01:00.000Z"
      },
      {
        "outlet": "New Straits Times",
        "title": "Singapore's core inflation rate rises to 2pct in September, below forecast",
        "url": "https://urgent.news/2026/10/23/singapores-core-inflation-rate-rises-to-2pct-in-september-below",
        "published": "2026-10-23T05:09:11.000Z"
      },
      {
        "outlet": "Business Recorder",
        "title": "Singapore's core inflation rate rises to 2% in September, below forecast",
        "url": "https://urgent.news/2026/10/23/singapores-core-inflation-rate-rises-to-2-in-september-below-forecast",
        "published": "2026-10-23T06:02:25.000Z"
      },
      {
        "outlet": "Seeking Alpha News",
        "title": "UK retail sales rise 0.8% Y/Y in September, below expectations",
        "url": "https://urgent.news/2026/10/23/uk-retail-sales-rise-0-8-y-y-in-september-below-expectations",
        "published": "2026-10-23T06:09:09.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "UK retail sales fall by more than expected in September",
        "url": "https://urgent.news/2026/10/23/uk-retail-sales-fall-by-more-than-expected-in-september",
        "published": "2026-10-23T06:18:25.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}