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Singapore core inflation at 1.4% in April, below forecasts

Singapore's April core inflation at 1.4% misses forecasts. Central bank revises 2026 inflation projections upward to 1.5-2.5%.

Jack Scott
ByJack Scott- Senior Editor
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Singapore's core consumer price index rose 1.4% in April from a year earlier, official data showed, below economists' expectations of 1.7%.

The core inflation rate, excluding private road transport and accommodation costs, came in lower than the median forecast of 1.7%. Headline inflation was 1.8%, also missing the 2.0% prediction.

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

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