FX.co ★ Singapore Core Inflation Quickens to 2.0% in July, Ending Recent Cooling Trend

Singapore’s core consumer price index (CPI) accelerated to 2.00% year-over-year in July 2026, up from 1.60% in June, signalling a pickup in underlying inflationary pressures. The data, updated on 24 August 2026, marks a reversal from the softer pace recorded in the previous month.

Measured on a year-over-year basis, the July reading compares price changes in July 2026 to those in July 2025, while the June figure reflected the change versus June 2025. The move from 1.60% to 2.00% suggests that core inflation—typically watched closely as it strips out more volatile components—has edged higher and could draw renewed attention from policymakers and markets monitoring Singapore’s price stability outlook.