Core inflation holds at 1.6% in June

Headline inflation grew to 1.9% from 1.8%.

Singapore’s core inflation rose to 1.6% year on year in June from 1.4% in May, as food and recreation costs increased despite weaker price pressures elsewhere.

Headline inflation grew to 1.9% from 1.8% in May, according to the Department of Statistics.

On a month-on-month basis, the all-items consumer price index remained unchanged, whilst core prices rose 0.1%. For the first half of 2026, headline inflation averaged 1.7%, whilst core inflation averaged 1.4%.

Food inflation increased to 2.1% from 1.8% during the period. Prices of fish and seafood rose 7.8%, whilst fruits and nuts grew 5.5% and vegetables climbed 3.5%.

Meanwhile, prices at hawker centres, food courts, coffee shops, and kiosks went up 2% compared with a 1.2% rise in restaurants, cafes, and pubs.

Recreation, sport and culture costs rose 1.7% in June, up from 1.3% in the previous month, whilst household durables and services increased 1.4% from 0.7%.

These gains were partly offset by a 0.1% decline in clothing and footwear prices and slower inflation in miscellaneous goods and services, which eased to 2% from 2.4%.

Health costs rose 3.1%, with health insurance prices up 8.6%. Meanwhile, information and communication prices fell 2.7%, whilst education costs declined 0.8%.

Transport recorded the largest increase among the expenditure divisions at 7.5%, on the back of an 8.4% rise in private transport costs and a 5.8% jump in land transport services.

Private transport is excluded from the Monetary Authority of Singapore’s core inflation measure, together with accommodation.

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