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FX.co ★ Singapore's CPI Takes a Surprising Turn: First Negative Shift in June 2025

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typeContent_19130:::2025-07-23T05:00:00

Singapore's CPI Takes a Surprising Turn: First Negative Shift in June 2025

In a notable shift, Singapore's Consumer Price Index (CPI) experienced a decline for the month of June 2025, registering at -0.10%. This unexpected downturn follows a previous increase of 0.70% noted in May 2025. The stark contrast between these two months reflects changing economic conditions in the region, triggering discussions among economists regarding the potential causes and consequences.

The month-over-month comparison highlights the dip more emphatically, marking an unusual movement since the CPI typically indicates steady inflationary trends. Analysts are now scrutinizing factors, such as supply chain disruptions or changes in consumer spending habits, that might have contributed to this negative trajectory.

As updates rolled out on 23 July 2025, the data has stirred interest not only among policy-makers but also within financial markets where stakeholders are eager to gauge any potential impact on broader economic strategies for Singapore's immediate future. With attention keenly focused on upcoming economic reports, businesses and consumers alike remain watchful as they navigate this unexpected economic juncture.

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