Singapore’s consumer price inflation picked up in March 2026, with the Consumer Price Index (CPI) rising 1.8% year-over-year, up from 1.2% in February 2026. The latest data, updated on 23 April 2026, points to a modest acceleration in price pressures after a softer reading in the previous month.
Both the current and previous figures are measured on a year-over-year basis, comparing each month’s price levels to the same month a year earlier. The move from 1.2% to 1.8% suggests that the disinflation trend seen earlier in the year has eased, and that prices in March grew more quickly than in February when viewed against their respective year-ago levels.
The March reading will likely draw attention from market participants and analysts monitoring Singapore’s inflation path, as any sustained pickup in CPI could influence expectations around household purchasing power and the broader economic outlook.