1. Press releases
Consumer Price Developments in July 2025
25 August 2025
Summary
MAS Core Inflation edged down to 0.5% on a year-on-year (y-o-y) basis in July, from 0.6% in June.
This was driven by a fall in the prices of retail & other goods, as well as lower electricity & gas inflation.
On a month-on-month (m-o-m) basis, core prices fell by 0.1% in July.
CPI-All Items inflation eased to 0.6% y-o-y in July, from 0.8% in June.
Accommodation inflation fell, in addition to lower core inflation.
On a m-o-m basis, CPI-All Items fell by 0.4% in July
Download the full press release [PDF, 323 KB].
MONETARY AUTHORITY OF SINGAPORE
MINISTRY OF TRADE AND INDUSTRY
25 August 2025