Core Insights - Singapore's consumer inflation accelerated in January, but the increase was below expectations and not alarming for price growth [1] Inflation Data - The Consumer Price Index (CPI) in January rose by 1.4% year-on-year, compared to a 1.2% increase in December, while the media forecast was for a 1.6% rise [1] - The core CPI, which excludes private road transport and accommodation costs, increased by 1.0% year-on-year in January, down from an initial 1.2% in December, with a media forecast of 1.5% [1] - Month-on-month, the CPI decreased by 0.5% and the core CPI fell by 0.3% in January [1] Monetary Policy Outlook - The Monetary Authority of Singapore (MAS) maintained its monetary policy settings unchanged during its first meeting of 2026 and projected an upward trend in inflation with relatively robust economic growth [1] - The MAS indicated that the current growth and inflation outlooks face upward risks [1]
新加坡通胀小幅上扬 但核心压力依然温和
Jin Rong Jie·2026-02-23 05:08