Singapore’s consumer price inflation cooled further in February 2026, with the Consumer Price Index (CPI) rising 1.2% year-on-year, down from 1.4% in January 2026. The latest data, updated on 23 March 2026, indicates a continued moderation in price pressures in the city-state.
On a year-over-year comparison basis, both the current and previous readings measure inflation relative to the same month a year earlier. The February print of 1.2% thus reflects a slower pace of price growth than January’s 1.4% reading, suggesting that inflationary pressures may be easing as the year progresses. This softening in CPI could influence expectations around consumer purchasing power and inform policymakers’ assessments of the broader economic outlook.
