Summary

• MAS Core Inflation came in at 0.6% on a year-on-year (y-o-y) basis in June, unchanged from May.
  • Higher retail & other goods inflation was offset by lower inflation in all other major core CPI categories.
  • On a month-on-month (m-o-m) basis, core prices fell by 0.1% in June.
• CPI-All Items inflation was 0.8% y-o-y in June, the same as that in May.
  • Apart from core inflation remaining unchanged, higher private transport inflation was offset by lower accommodation inflation.
  • On a m-o-m basis, CPI-All Items fell by 0.1% in June.

Click here for the full press release.

MONETARY AUTHORITY OF SINGAPORE

MINISTRY OF TRADE AND INDUSTRY

23 JULY 2025