In an unexpected turn of events, Singapore's Consumer Price Index (CPI) recorded no change in October 2025, marking a 0.00% month-on-month inflation rate, compared to September's modest 0.40% rise, according to the latest data updated on 24 November 2025.
This leveling off of inflation suggests economic stabilization within the nation, following a period of gradual increases in living costs. In September, the CPI had increased by 0.40%, signaling a steady yet moderate upward trend, but October's halt indicates that the previous momentum has cooled.
Economists might view this plateau as a breather for consumers amidst global economic uncertainties. While a zero growth rate doesn't imply deflation, it signifies a temporary pause in the increasing cost of goods and services, offering potential relief for household budgets across Singapore. The data highlights the nuanced economic landscape that policymakers need to navigate as they strive to balance growth and affordability for Singapore's citizens.
