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FX.co ★ Singapore Inflation Rate Steady at 1.2%

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typeContent_19130:::2026-01-23T05:17:49

Singapore Inflation Rate Steady at 1.2%

In December 2025, Singapore's annual inflation rate held steady at 1.2%, consistent with the figures from the preceding two months and aligning with market forecasts. Stability was observed in the prices of food (1.2%), housing and utilities (0.2%), and information and communications (-2%). Transportation costs experienced a slight increase (3.6% compared to 3.2%), as did education expenses (1.2% versus 1.1%). Conversely, the rate of deflation for clothing and footwear intensified (-1% compared to -0.5%), while it began to decline for household durables and services (-0.3% from 0%) and slightly decreased for recreation, sport, and culture (0.3% from 0.5%) as well as miscellaneous goods and services (0.1% from 0.2%). On a month-to-month basis, consumer prices rose to 0.3% from November 2025's 0.2%. Simultaneously, the annual core inflation rate persisted at a steady 1.2% in December, mirroring the consistency seen in the previous two months.

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