23.10.202505:21:28UTC+00Singapore Inflation Rate Hits 3-Month High

In September 2025, Singapore's inflation rate experienced a slight uptick to 0.7%, rising from August's more than four-year low of 0.5% and slightly surpassing market predictions of 0.6%. This figure represented the highest level since June, driven by accelerated price increases in transport (3.4% compared to August's 2.3%) and education (1% against 0.8% previously). Deflation pressures eased in household durables and services (-0.3% versus -0.9%), recreation, sport and culture (-2.2% versus -3.0%), and miscellaneous goods and services (-0.1% against -0.8%), while food prices held steady at 1.1%. Concurrently, the growth in costs moderated within the housing and utilities sector (0.2% versus 0.3%) and healthcare (1.4% down from 2.3%), with a decline noted in clothing and footwear (-0.1% compared to 0.2%). On a month-to-month basis, consumer prices ascended by 0.4%, a slight relaxation from August's 0.5%. Additionally, the core annual inflation rate edged up to 0.4% in September, exceeding both market expectations of 0.2% and the previous month's figure of 0.3%.