Back to today’s briefing

Story perspectives

Singapore April Inflation 1.8%; Transport Costs Rise 8%

5/25/2026

33 6 Full Breakdown

Summary

Singapore Inflation Rises

Singapore's headline inflation was 1.8% in April 2026.
Core inflation fell to 1.4% in April, down from 1.7% in March.
Private transport inflation rose to 8.1% in April, up from 6.6% in March.
The Monetary Authority of Singapore (MAS) and the Ministry of Trade and Industry (MTI) raised the 2026 inflation outlook to 1.5-2.5% and warned of higher imported cost pressures.

Summary

Singapore Revises Growth

Singapore revised Q1 2026 GDP growth to 6%, up from 4.6%.
The Ministry of Trade and Industry projects 2026 growth of 2%-4% due to disruptions in Strait of Hormuz.
eToro analyst Zavier Wong called the inflation data a positive surprise and said peace talks and lower oil prices could ease cost pressures.
In April, the Monetary Authority of Singapore tightened policy after three years by adjusting the Singapore dollar’s exchange-rate band.

1 of 2

Singapore Inflation Rises

Singapore's headline inflation was 1.8% in April 2026.
Core inflation fell to 1.4% in April, down from 1.7% in March.
Private transport inflation rose to 8.1% in April, up from 6.6% in March.
The Monetary Authority of Singapore (MAS) and the Ministry of Trade and Industry (MTI) raised the 2026 inflation outlook to 1.5-2.5% and warned of higher imported cost pressures.

1 / 2