Singapore’s core inflation rises to 1.6% in June, driven by higher prices of food, retail goods and services
Singapore's core inflation rose to 1.6% in June, up from 1.4% in May, driven by increased costs in food, services, and retail goods. Overall inflation also saw a slight uptick to 1.9% due to higher accommodation costs.
Why it matters
Rising inflation impacts the cost of living for residents and informs the monetary policy decisions of the Monetary Authority of Singapore.
The higher global energy prices from April to mid-June 2026 will be reflected in the regulated electricity tariff starting from July, said the Monetary Authority of Singapore and the Ministry of Trade and Industry.
Office workers walking on the streets of the Central Business District. (File photo: iStock/3yephotography)
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