Singapore Consumer Price Growth Slows

This is a Singapore news story, published by CNBC, that relates primarily to Reuters news.

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core inflation rate

CNBC

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Business

Business & Economics

Singapore inflation hits four-year low, below average MAS forecast for 2025

Summary

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91% Informative

Singapore 's consumer price index grew 0.9% year on year in February , marking its slowest growth in four years .

Inflation in Singapore has largely been on a downward trend, leading the country's monetary authority to loosen its monetary policy for the first time since 2020 in January .

Core inflation, which strips out prices of accommodation and private transport, came in at 0.6% , lower than the 0.8% seen in January and 0.7% expected by the Reuters poll.

VR Score

Informative language

Neutral language

Article tone

formal

Language

English

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not offensive

Hate speech

not hateful