Singapore Inflation Rate Steady in June

Singapore’s annual inflation rate stood at 0.8% in June 2025, unchanged from the previous month but slightly below market expectations of a 0.9% rise. The figure remained the lowest reading since February 2021, as prices ticked down for food (1.0% vs 1.1% in May) and housing and utilities (0.9% vs 1.0%), while it stalled for education (0.5%). At the same time, deflation worsened for household durables and services (-0.4% vs -0.2%), information and communication (-2.4% vs -1.9%), and recreation, sport, and culture (-2.6% vs -2.0%). On the other hand, costs edged higher for transport (2.0% vs 1.7%) and health (2.8% vs 2.7%), while it rebounded for clothing and footwear (2.2% vs -3.3%). On a monthly basis, the CPI fell by 0.1% in June 2025, reversing a 0.7% rise in the prior month. Meanwhile, the annual core inflation rate stood at 0.6% in June, unchanged from the previous month but below market expectations of a 0.7% rise.