FX.co ★ Singapore Core Inflation Rate at 3-Month High

In April 2025, core consumer prices in Singapore experienced a year-on-year rise of 0.7%, up from a four-year low of 0.5% in March. This increase exceeded market predictions, which had anticipated a 0.5% rise. It was the highest core inflation rate observed since January, primarily fueled by a rise in the costs of services and food, which outweighed a decrease in the inflation of retail and other goods.