Core inflation drops more than expected


Consumer spending: People queue outside an Apple shop outlet in Singapore. Prices of retail and other goods fell at a slower pace of 0.2%, after falling 0.5% in July, while those of telecommunications equipment registered a smaller decline. — AFP

SINGAPORE: Consumer price pressures in Singapore ease more than expected in August, with year-on-year (y-o-y) core inflation falling to its lowest since February 2021.

While economic uncertainty and government subsidies have lowered inflation, some economists expect inflation to rise from the fourth quarter of 2025 (4Q25), given factors such as rising certificate of entitlement premiums and falling interest rates.

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