Singapore core inflation rate comes in softer than expected, hits fresh four-year lows
CNBC·2025-09-23 05:36
Group 1: Inflation Trends - Singapore's core inflation rose by 0.3% in August, the softest increase since February 2021, lower than the expected 0.4% and the previous month's 0.5% [1] - Headline inflation decreased to 0.5% in August from 0.6% in July, indicating a trend of easing inflation [2] Group 2: Economic Growth Projections - The Ministry of Trade and Industry reported a GDP growth of 4.3% in Q2 2025, up from 4.1% in Q1 [3] - Full-year GDP growth is now projected to be between 1.5% and 2.5%, a significant decrease from 4.4% in 2024, with earlier estimates suggesting a range of 0% to 0.2% for this year [4]