Singapore inflation

Singaporeans adapt routines to cope with rising prices amid Iran war

Mr Vignesh Kumaravel says he is more careful with extra spending, while Ms Jean Chua and her family travel to Johor Bahru once a month for groceries and some discretionary spending.

Energy shock from Iran war to hit S’pore sectors like property and F&B; bunkering already affected

A prolonged disruption to global energy supplies poses risks of higher inflation and weaker growth in Singapore, and moderate demand for labour and wage growth.

News analysis

The Iran war will continue to be bad news for S’pore, but positives can be drawn from its response

Singapore is the largest bunkering hub in the world, and the third-largest oil trading hub and sixth-largest refinery export hub, and that is why it relies on the Middle East for over half its total crude oil imports.

News analysis

MAS faces tough Singdollar policy decision in April amid risks of higher inflation, slower growth

ST20250721-202565000300-Lim Yaohui-Benjamin Lim-bnmas21/

Generic photograph of the lobby of Monetary Authority of Singapore (MAS) building at 10 Shenton Way on July 21, 2025.

The Monetary Authority of Singapore (MAS) is Singapore’s central bank and integrated financial regulator.

As central bank, MAS promotes sustainable, non-inflationary economic growth through the conduct of monetary policy and close macroeconomic surveillance and analysis. It manages Singapore’s exchange rate, official foreign reserves, and liquidity in the banking sector.

As an integrated financial supervisor, MAS fosters a sound financial services sector through its prudential oversight of all financial institutions in Singapore – banks, insurers, capital market intermediaries, financial advisors, and stock exchanges. It is also responsible for well-functioning financial markets, sound conduct, and investor education.

MAS also works with the financial industry to promote Singapore as a dynamic international financial centre. It facilitates the development of infrastructure, adoption of technology, and upgrading of skills in the financial industry.

(ST PHOTO: LIM YAOHUI)

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.

E-paper

Newsletters

Podcasts

RSS Feed

About Us

Terms & Conditions

Personal Data Protection Notice

Need help? Reach us here.

Advertise with us

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