In recent economic updates, Singapore's Core Consumer Price Index (CPI) for May 2025 has been documented at 0.60%, marking a slight decrease from the previous month's 0.70%. As per the latest data updated on June 23, 2025, this year-over-year comparison indicates a continuous downward trend in the inflation rate.
The Core CPI, which excludes private road transport and accommodation costs, is a key indicator used by policymakers and economists to assess underlying inflation trends in the economy. This reduction mirrors cautious consumer spending and economic adjustments, as the year-over-year comparison for May reflects a more tempered inflationary environment compared to April.
This figure could potentially influence monetary policy decisions as authorities assess the implications of a slowing inflation rate in the broader context of economic stability and consumer spending power. Analysts will be keen to observe subsequent months to determine whether this is a transient fluctuation or indicative of a more protracted trend in Singapore's economic landscape.
