Summary
- MAS Core Inflation increased to 0.7% on a year-on-year (y-o-y) basis in April, from 0.5% in March.
- This was driven by higher inflation in services and food, which more than offset lower retail & other goods inflation.
- On a month-on-month (m-o-m) basis, core CPI rose by 0.5%.
- CPI-All Items inflation came in at 0.9% y-o-y in April, unchanged from March.
- This was due to lower accommodation and private transport inflation offsetting the rise in core inflation.
- On a m-o-m basis, CPI-All Items decreased by 0.3%.
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MONETARY AUTHORITY OF SINGAPORE
MINISTRY OF TRADE AND INDUSTRY
23 MAY 2025