Singapore Inflation Rate — 2026 CPI Data, Trend & Outlook
Singapore's inflation rate was 0.90% in December 2025, down from 2.39% the previous year. A year earlier it stood at 2.39%.
Singapore's inflation rate stands at 0.90% as of December 2025. Over the latest readings, the inflation rate has moved within a band of -1.84% to 22.37%. The most recent figure of 0.90% is down from 2.39% a year earlier, and is 1.49% lower than a year ago.
The trend
Among the 193 economies tracked on this platform, Singapore ranks #158 on inflation rate by latest value. It fell from 2.39% in the previous year, and compares with a year-earlier 2.39%.
What's driving it
Inflation is shaped by energy and food prices, the exchange rate, wage growth and the stance of monetary policy; central banks lift interest rates to cool it and ease when it falls back toward target.
Recent readings
| Period | Inflation rate |
|---|---|
| Dec 2025 | 0.90% |
| Dec 2024 | 2.39% |
| Dec 2023 | 4.83% |
| Dec 2022 | 6.13% |
| Dec 2021 | 2.32% |
| Dec 2020 | -0.17% |
| Dec 2019 | 0.57% |
| Dec 2018 | 0.44% |
Data: The World Bank — World Development Indicators (CC BY 4.0) Figures carry an effective date; confirm with the source before relying on them.
Frequently asked questions
What Is the Inflation Rate in Singapore Right Now (2026)?
Singapore's inflation rate was 0.90% in December 2025, down from 2.39% the previous year. A year earlier it stood at 2.39%.
Is the inflation rate rising or falling in Singapore?
It fell in the latest reading — 0.90% in December 2025 versus 2.39% a year earlier. Year on year it is lower.
What is inflation rate?
It measures how fast consumer prices are rising, measured by the consumer price index (CPI).