Core inflation · Singapore

Singapore Core Inflation Rate YoY

The Singapore Core Inflation Rate YoY measures the rise in consumer prices in Singapore without the most volatile items, usually food and energy (definitions vary by country).

חשיבות
Medium
פורסם
Monthly
הפרסום הבא
מטבע
SGD · Singapore dollar
בנק מרכזי
The Monetary Authority of Singapore
משפיע על
CHFSGD · EURSGD · GBPSGD · NZDSGD · SGDJPY · USDSGD

הנתונים האחרונים

הפרסום האחרון, עבור SEP, יצא ב-2026-10-23 ועמד על 2%. זה מתחת לקונצנזוס של 2.3%. זה ירידה מ-2.2% בפעם הקודמת.

A lower figure than expected gives the Monetary Authority of Singapore room to cut or hold rates lower: the Singapore dollar tends to soften and bond yields to fall.

ב-12 הפרסומים האחרונים הערך נע בין 0.4% ל-2.2%, בממוצע 1.4%.

Oct 2025: 0.4%Nov 2025: 1.2%Dec 2025: 1.2%Jan 2026: 1.2%Feb 2026: 1%Mar 2026: 1.4%Apr 2026: 1.7%May 2026: 1.4%Jun 2026: 1.4%Aug 2026: 2%Sep 2026: 2.2%Oct 2026: 2% Oct 2025Oct 2026
תוצאות בפועל; הקו הקצר על עמודה מסמן את הקונצנזוס.
פורסםעבורבפועלקונצנזוסקודם
23 Oct 2026SEP2%2.3%2.2%
23 Sep 2026AUG2.2%2.2%2%
24 Aug 2026JUL2%–1.6%
23 Jun 2026MAY1.4%1.6%1.4%
25 May 2026APR1.4%1.7%1.7%
23 Apr 2026MAR1.7%–1.4%
23 Mar 2026FEB1.4%–1%
23 Feb 2026JAN1%–1.2%
23 Jan 2026DEC1.2%–1.2%
23 Dec 2025NOV1.2%1.2%1.2%
24 Nov 2025OCT1.2%–0.4%
23 Oct 2025SEP0.4%0.2%0.3%

לצפייה ביומן הכלכלי ←

למה זה חשוב

Food and energy prices jump with harvests and oil, then fall back. The core rate shows the underlying trend that the Monetary Authority of Singapore can actually influence, so it often moves markets more than the headline. Services inflation, driven by wages, is the stickiest part.

איך זה מחושב

the Department of Statistics (SingStat) takes the consumer price index basket, removes the excluded items and re-weights the rest; the change is measured month on month and against the same month a year earlier.

Core inflation (yoy) = core index ÷ core index 12 months ago − 1

מה המשמעות של שינויים

  • A core rate falling towards the target lets the Monetary Authority of Singapore ease; a stubborn core keeps rates high.
  • Monthly core changes of 0.2% compound to about 2.4% a year; 0.3% to about 3.7%.
  • Markets compare the figure with the consensus to one decimal; a 0.1-point surprise moves currencies.

גבוה מהצפוי: A higher figure than expected makes the Monetary Authority of Singapore more likely to keep rates high or raise them: it tends to support the Singapore dollar and push bond yields up, and is often a weight on stocks.

נמוך מהצפוי: A lower figure than expected gives the Monetary Authority of Singapore room to cut or hold rates lower: the Singapore dollar tends to soften and bond yields to fall.

היסטוריה קצרה

Economists Robert Gordon and others popularised excluding food and energy in the 1970s, when oil shocks made the headline rate misleading; most central banks now publish or watch a core measure.

MAS steers the Singapore dollar's exchange rate rather than an interest rate.

שאלות

What is the Singapore Core Inflation Rate YoY?

The Singapore Core Inflation Rate YoY measures the rise in consumer prices in Singapore without the most volatile items, usually food and energy (definitions vary by country).

What was the latest Singapore Core Inflation Rate YoY?

2% for SEP, published on 23 October 2026 (consensus 2.3%, previous 2.2%).

When is the next Singapore Core Inflation Rate YoY?

On Tuesday 24 November 2026 at 05:00 UTC.

תוכן לימודי בלבד, לא ייעוץ השקעות. הנתונים הם התוצאות שפורסמו כפי שנרשמו ביומן שלנו; תגובות השוק המתוארות אופייניות, לא מובטחות.