Singapore Core Inflation Rate 2024 2024. Singapore inflation rate for 2021 was 2.30% , a 2.49% increase from 2020. Singapore’s annual inflation rate fell to 2.4% in june 2024 from 3.1% in may, coming less than market forecasts of 2.7% and pointing to the lowest level since august 2021.

Core consumer prices in singapore decreased to 116.71 points in june from 117.08 points in may of 2024. Mas and mti maintained their projection for 2024 as a whole, expecting both headline and core inflation to average 2.5 per cent to 3.5 per cent.