Singapore’s core consumer price index (CPI) eased to 2.00% year-over-year in September 2026, down from 2.20% in August 2026, according to data updated on 23 October 2026. The figure, which excludes private transport and accommodation costs, continues a gradual moderation in underlying inflation pressures.
The September reading compares price changes in that month against September a year earlier, while the August figure reflected a similar year-over-year comparison. The further softening in core inflation suggests that underlying price growth in Singapore is slowing on an annual basis, a development that will be closely watched by policymakers and market participants assessing the trajectory of inflation and future policy moves.