1. Press releases
Consumer Price Developments in March 2025
23 April 2025
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Summary
MAS Core Inflation eased to 0.5% on a year-on-year (y-o-y) basis in March, from 0.6% in February.
This was driven by lower inflation across all broad core CPI categories other than food.
On a month-on-month (m-o-m) basis, core CPI edged down by 0.1%.
CPI-All Items inflation came in at 0.9% y-o-y in March, unchanged from February.
This reflected higher private transport inflation which offset the fall in core and accommodation inflation.
On a m-o-m basis, CPI-All Items decreased by 0.1%.
Download the full press release [PDF, 311 KB].
MONETARY AUTHORITY OF SINGAPORE
MINISTRY OF TRADE AND INDUSTRY
23 APRIL 2025