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Singapore April Core Inflation Eases to 1.4% as Retail Pressures Cool

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Singapore's core inflation, which excludes the cost of accommodation and private transport, eased to 1.4% year-on-year in April, compared to 1.7% in the previous month, according to a joint release by the Monetary Authority of Singapore and the Ministry of Trade and Industry on Monday.

The headline consumer price index, representing overall inflation, remained unchanged at 1.8% year on year in the month, as higher transport and core inflation was offset by lower core inflation.

On a month-on-month basis, core inflation inched up 0.2%, while overall inflation dropped by 0.3%.

Core inflation and overall inflation are currently projected to average 1.5% to 2.5% in 2026, the report said.

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