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23.12.202505:21:52UTC+00Singapore Inflation Rate Steady in November

In November 2025, Singapore's inflation rate remained steady at 1.2% year-on-year, consistent with the figure reported in October, yet slightly below market forecasts of 1.3%. The pace of price increases slowed for sectors such as housing and utilities (0.2% compared to 0.3%), transport (3.2% versus 3.4%), recreation, sports, and culture (0.5% against 1.1%), as well as miscellaneous goods and services (0.2% compared to 0.3%). Meanwhile, food prices maintained a stable rise at 1.2%, and education costs held firm at 1.1%. However, there was a notable decrease in the prices of clothing and footwear, which fell by 0.5% compared to a previous rise of 1.2%. Conversely, health sector prices experienced an acceleration, increasing by 4.4% up from 4%, and the rate of deflation in information and communication services eased from -2.5% to -2%. The costs for household durables and services saw no change, balancing out after a 0.4% drop. On a month-to-month basis, consumer prices edged up by 0.2% following a stall in October. Concurrently, the annual core inflation rate held steady at 1.2% for November, aligning with market predictions.

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