FX.co ★ Singapore Inflation Rebounds in August as CPI Swings Back Into Positive Territory

Singapore’s consumer prices rebounded in August 2026, with the Month-over-Month Consumer Price Index (CPI) rising 0.60%, reversing a brief dip into deflationary territory the month before. The latest data, updated on 23 September 2026, marks a notable turnaround from July 2026, when the MoM CPI had fallen by 0.20%.

The shift from a 0.20% decline in July to a 0.60% increase in August underscores a clear month-on-month acceleration in price pressures. Under the comparison framework, the “actual” August reading reflects price changes versus July, while the “previous” figure captures July’s movement compared with June. This swing back into positive territory suggests that July’s softness in prices was temporary, with August data pointing to a renewed upward trend in consumer inflation.