{
  "id": 9272456,
  "title": "Singapore's core inflation rises to nearly two-year high of 2.2% in August",
  "url": "https://urgent.news/2026/09/23/singapores-core-inflation-rises-to-nearly-two-year-high-of-2-2-in",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-23T05:00:00.000Z",
  "source": {
    "name": "CNA - Singapore",
    "slug": "cna-singapore",
    "url": "https://www.channelnewsasia.com/singapore/singapore-core-inflation-august-2026-mas-mti-6404086"
  },
  "original_language": "en",
  "account": "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).",
  "summary": "Consumers could face higher prices in the months ahead as energy costs remain elevated.",
  "key_points": [
    "Singapore's core inflation hits near two-year high of 2.2% in August 2026",
    "Increase from 2% in July 2026, highest since September 2024",
    "Driven by rising service, retail, and food sector inflation"
  ],
  "editors_take": "The acceleration of core inflation to 2.2% in August signals that price pressures are broadening, with services, retail, and food items contributing to the highest inflation rate in nearly two years.",
  "illustration": null,
  "coverage": {
    "outlets": 6,
    "also_reported_by": [
      {
        "outlet": "The Business Times - Singapore",
        "title": "Singapore core inflation picks up to 2.2% in August on higher services, retail and food costs",
        "url": "https://urgent.news/2026/09/23/singapore-core-inflation-picks-up-to-2-2-in-august-on-higher-services",
        "published": "2026-09-23T05:00:00.000Z"
      },
      {
        "outlet": "Channel News Asia",
        "title": "Singapore's core inflation rises to nearly two-year high of 2.2% in August",
        "url": "https://urgent.news/2026/09/23/singapores-core-inflation-rises-to-nearly-two-year-high-of-2-2-in-9274010",
        "published": "2026-09-23T05:00:00.000Z"
      },
      {
        "outlet": "Straits Times Business",
        "title": "Singapore’s core inflation climbs to 2.2% in August",
        "url": "https://urgent.news/2026/09/23/singapores-core-inflation-climbs-to-2-2-in-august",
        "published": "2026-09-23T05:00:44.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "Singapore CPI rises as expected in August, core inflation hits 2-yr high",
        "url": "https://urgent.news/2026/09/23/singapore-cpi-rises-as-expected-in-august-core-inflation-hits-2-yr",
        "published": "2026-09-23T05:21:34.000Z"
      },
      {
        "outlet": "Business Recorder",
        "title": "Singapore's core inflation rate rises to 2.2% in August, above forecast",
        "url": "https://urgent.news/2026/09/23/singapores-core-inflation-rate-rises-to-2-2-in-august-above-forecast",
        "published": "2026-09-23T06:31:56.000Z"
      }
    ]
  },
  "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."
}