Singapore’s consumer price momentum came to a halt in June, with the month‑over‑month Consumer Price Index (CPI) registering 0.00%, down from a 0.70% increase in May 2026. The latest data, updated on 23 July 2026, indicate that price pressures eased significantly after a relatively sharp rise in the previous month.
On a month‑over‑month basis, the June reading shows that overall consumer prices were flat compared with May, in contrast to May’s 0.70% gain versus April. The comparison underscores a marked cooling in short‑term inflation dynamics, suggesting that the burst of price growth seen earlier in the quarter did not carry into the start of the summer period.
The CPI figures are tracked on a rolling monthly basis, where “Actual” reflects the change for the reported month relative to the previous month, and “Previous” reflects the prior month’s change against its own preceding month. In this context, June’s zero growth highlights a pause in inflation after May’s uptick, a development that market participants and policymakers will watch closely for signs of whether underlying price pressures are stabilising or merely taking a temporary breather.
