National

Singapore core inflation at 1.4% on year in April, lower than expected

People walk through a shopping street at Kampong Glam district in Singapore June 11, 2025. REUTERS/Edgar Su
People walk through a shopping street at Kampong Glam district in Singapore June 11, 2025. REUTERS/Edgar Su Reuters

SINGAPORE - Singapore's key consumer price gauge rose 1.4% in April from a year earlier, official data showed on Monday, below economists' expectations.

The core inflation rate, which excludes private road transport and accommodation costs, was lower than the median forecast of 1.7% in a Reuters poll. Headline inflation was 1.8% in annual terms in April, also lower than the 2.0% seen in the poll.

In April, the central bank tightened monetary policy and raised its 2026 forecasts for both core inflation and headline inflation to a range of 1.5% to 2.5%, up from 1% to 2% previously.

(Reporting by Jun Yuan Yong; Editing by Martin Petty)

Copyright Reuters or USA Today Network via Reuters Connect.

This story was originally published May 25, 2026 at 1:04 AM.

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