FX.co ★ Singapore's Consumer Price Index Holds Steady in December: What It Means for the Economy

The Consumer Price Index (CPI) in Singapore marked a moment of stability for the region, holding steady at 0.30% for December 2025. This data, released on January 23, 2026, reflects no change in the CPI from the previous month of November 2025, where it also recorded a 0.30% increase.

This consistency in the CPI, expressed in month-over-month terms, indicates that the inflation pressures in the Singaporean economy have remained unchanged during this period. The stability in the CPI can be interpreted as a sign that the market forces driving consumer prices were stable during the final months of 2025.

The unchanged figure could suggest that factors such as exchange rates, domestic demand, and international commodity prices have, on balance, been stable, providing a predictable economic environment as Singapore steps into 2026. Economists and policymakers will be closely monitoring these figures in the coming months to gauge potential economic challenges and opportunities that may arise from shifts in consumer price dictates.