Singapore’s consumer price inflation eased slightly in March 2026, with the Consumer Price Index (CPI) rising 0.50% month-on-month, down from a 0.60% increase in February 2026. The latest data, updated on 23 April 2026, points to a modest cooling in short-term price pressures across the economy.
On a month-over-month basis, March’s reading reflects a slower pace of price growth compared with February, when the CPI had climbed 0.60% versus January. The comparison underscores a marginal deceleration in inflation momentum, as the “actual” figure for March measures the change from February levels, while the “previous” figure captures February’s change relative to January.
While the easing is incremental, the softer print may be viewed as a tentative signal that price gains are stabilising after earlier monthly increases. Market participants and policymakers are likely to watch upcoming releases closely to gauge whether this slower pace of inflation persists in the months ahead.
