Singapore's Inflation Ticks Up to 1.9% in June, Snapping a Two-Month Plateau
- ▸Singapore's headline Consumer Price Index rose 1.9% year-on-year in June 2026, up from 1.8% in both April and May, according to the joint Monetary Authority of Singapore (MAS) and Ministry of Trade and Industry (MTI) release on consumer price developments.
- ▸MAS core inflation, which strips out accommodation and private transport costs, rose 1.6% year-on-year in June, up from 1.4% in May, matching what economists had forecast.
- ▸The pickup was driven by transport costs, which rose 7.5% year-on-year — led by private transport — and food prices, which climbed 2.1% year-on-year.
Prices in Singapore picked up pace again in June 2026. The headline Consumer Price Index — the standard measure of how much everyday goods and services cost compared to a year earlier — rose 1.9%, up from 1.8% in each of the two months before. That ends a run where inflation had held roughly flat since April.
Strip out the cost of housing and cars — two categories the Monetary Authority of Singapore treats separately because they can swing sharply for reasons unrelated to everyday cost pressure — and "core" inflation came in at 1.6%, up from 1.4% in May. That matched what economists surveyed beforehand had expected, so this wasn't a surprise print.
The two biggest movers were transport, up 7.5% from a year earlier and led by private transport (car-related costs), and food, up 2.1%. On a month-to-month basis, prices barely moved: headline was flat and core inflation ticked up just 0.1%. In short, nothing dramatic happened in June, but the gentle upward drift in place since spring continued rather than reversing.
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Cite This Article
EconoLens Editorial Team. (2026, August 4). Singapore's Inflation Ticks Up to 1.9% in June, Snapping a Two-Month Plateau. EconoLens. https://econolens.co.in/news/singapore-cpi-june-2026-inflation-accelerates
The EconoLens editorial team covers global macroeconomics, monetary policy, fiscal policy, and international trade. All content is AI-assisted and fact-checked.