Consumer Price Developments in August 2025
23 September 2025
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Summary
MAS Core Inflation eased to 0.3% year-on-year (y-o-y) in August, from 0.5% in July.
This was mainly driven by a moderation in services inflation.
On a month-on-month (m-o-m) basis, core prices grew by 0.1% in August.
CPI-All Items inflation edged down to 0.5% y-o-y in August, from 0.6% July.
This reflected lower accommodation inflation, in addition to the fall in core inflation.
On a m-o-m basis, CPI-All Items rose by 0.5% in August.
Download the full report [PDF, 326 KB].
MONETARY AUTHORITY OF SINGAPORE
MINISTRY OF TRADE AND INDUSTRY
23 September 2025