MAS Core Inflation in Singapore rises to 2.1 per cent from 1.5 per cent in the previous quarter
20 October 2026
MAS Core Inflation in Singapore rose to 2.1 per cent year-on-year in July and August 2026.
In the second quarter of 2026 the same measure had been 1.5 per cent.
Food inflation rose to 2.2 per cent in July and August, from 1.9 per cent earlier.
MAS projects MAS Core Inflation to average 1.5 to 2.0 per cent for 2026 as a whole.
CPI-All Items inflation is projected at around 2.0 per cent for 2026.
For 2027 both measures are each projected to average 1.5 to 2.5 per cent.
MAS Core Inflation, July to August 2026:
2.1 per cent
Food inflation:
2.2 per cent
2026 core inflation forecast:
1.5 to 2.0 per cent
2026 CPI-All Items forecast:
around 2.0 per cent
Why it matters for exams: Core versus headline inflation and the difference between them is a standard economy question.
Kerala PSCUPSCBank
In plain words
MAS Core Inflation Monetary Authority of Singapore Core Inflation — CPI inflation excluding accommodation and private road transport costs.