Today, 23 December 2025, the Monetary Authority of Singapore (MAS) and the Ministry of Trade and Industry (MTI) of Singapore released official inflation data for November.
👉Consumer Price Index (CPI) or headline inflation : It rose 1.2% compared to November last year (it was also 1.2% in October). Economists had expected it to be 1.3%, which is slightly lower than expected.
👉Core CPI : It also rose 1.2% year-on-year. In this case too, economists had predicted a 1.3% increase.
1.2% inflation is considered quite stable in the context of Singapore. Although the cost of the service sector has increased slightly, overall inflation is under control as retail goods and electricity and gas prices are low.
