Core inflation eases to 1% in January
Headline inflation was at 1.4% YoY.
Core inflation in Singapore eased to 1% in January 2026, according to SingStat’s report.
Headline inflation was 1.4% year-on-year (YoY), whilst the consumer price index (CPI) fell 0.5% from December.
Food prices rose 1.2% YoY, with higher prices for sugar, confectionery, desserts, and non-alcoholic beverages, whilst seafood prices fell compared with a year earlier.
Transport costs increased 2.4% YoY, driven by higher private transport and land transport services, but other transport services recorded month-on-month (MoM) declines.
Information and communication prices fell 1.9% YoY, reflecting lower costs for equipment and services.
Housing and utilities prices increased 1.7% from a year earlier but declined 1.4% from December, reflecting lower accommodation and utilities costs.
Recreation, sport, and culture prices dropped 3.6% month-on-month, led by a sharp fall in holiday expenses.
Health-related prices climbed 4.4% YoY, with health insurance premiums up 16.4% from a year earlier, contributing to the category’s rise.
Prices for household durables and services declined 0.2% YoY, whilst education prices fell 0.6%.
Clothing and footwear prices decreased 0.4% from a year earlier but rose 2.1% MoM. Miscellaneous goods and services prices increased 0.3% year on year.