Singapore inflation

Singapore inflation outlook for 2026 to be reassessed as energy prices soar from Iran war

ST20250819-202565200396-Lim Yaohui-pixgeneric/

Generic photograph of shoppers buying groceries at Giant Tampines Hypermarket on Aug 19, 2025.

Can be used for stories on budget, inflation, food security, agriculture, farming, supermarket, local, demand and supply, food resilience, retail, Cold Storage Singapore, import, consumer, produce, product, price, business, income and money.

(ST PHOTO: LIM YAOHUI)

News analysis

Singapore could face double whammy of rising energy costs and higher US tariffs

An oil tanker (L) refuels a container vessel docked at Pasir Panjang port terminal in Singapore on March 10, 2026. (Photo by Roslan RAHMAN / AFP)

Oil prices surge as much as 13% in first trades after start of US-Iran conflict

The Strait of Hormuz is a critical chokepoint in the Middle East Gulf through which flows a fifth of the world’s oil and large volumes of liquefied natural gas.

Singapore on inflation alert as Gulf conflict threatens oil and gas price surge

Experts say that the impact on petrol and electricity prices and overall inflation in Singapore will be felt only if the conflict extends beyond a week or two.

Singapore core inflation sees surprise drop to 1% in January

Analysts polled by Bloomberg had expected core inflation to rise to 1.5 per cent last month.

$500 CDC vouchers for all Singaporean households in Jan 2027

The $500 of CDC vouchers will be split equally between participating heartland merchants and hawkers, and participating supermarkets, as with past tranches.

Higher costs for Singapore manufacturers in 2025 despite some relief in labour expenses

The manufacturing sector accounts for around 20 percent of Singapore’s gross domestic product.

MAS raises 2026 inflation forecasts but keeps Singdollar policy unchanged

On average over 2026, core inflation momentum is expected to come in at a pace that is slightly below trend.

Commentary

AI adoption could push up costs of living in Singapore

2026 could mark a new phase, where AI may push up future living costs, despite driving present day innovation, says the writer.

Singapore’s core inflation expected to rise in 2026 after cooling in 2025

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.