Singapore’s core inflation rises 0.6% in June, below forecasts

Singapore’s core inflation rate rose 0.6% in June from a year earlier, coming in below economists’ expectations, according to official data released Wednesday.

The core inflation figure, which excludes private road transport and accommodation costs, was lower than the 0.7% increase forecast by economists in a Reuters poll.

Meanwhile, headline inflation reached 0.8% in annual terms for June, also falling short of economists’ predictions of 0.9%.

The data provides insight into Singapore’s current price pressures as the country navigates economic conditions in mid-2025.

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