1. Press releases
Consumer Price Developments in September 2025
23 October 2025
Summary
MAS Core Inflation edged up to 0.4% year-on-year (y-o-y) in September, from 0.3% in August.
This was driven by an increase in the prices of retail & other goods.
On a month-on-month (m-o-m) basis, core prices rose by 0.3% in September.
CPI-All Items inflation picked up to 0.7% y-o-y in September, from 0.5% in August.
This was due to a larger increase in private transport prices, alongside higher core inflation.
On a m-o-m basis, CPI-All Items grew by 0.4% in September.
Download the full press release [PDF, 322 KB].
MONETARY AUTHORITY OF SINGAPORE
MINISTRY OF TRADE AND INDUSTRY
23 OCTOBER 2025