Singapore Inflation Rate

2.2% +0.3 pt

Jul 2026 · Monthly

Singapore’s annual inflation rate rose to 2.24% in July 2026 from 1.94% in June 2026. The latest reading is above every monthly value observed since July 2025 and remains far below the all-time high of 7.58% set in April 2008. The series dates back to January 2006.

Singapore Inflation Rate, 2006–2026
ActualPreviousHighestLowestDatesFrequency
2.2%1.9%7.6%Apr 2008-1.6%May 20162006 – 2026Monthly

About this series

Inflation Rate in Singapore averaged 2.2% from 2006 until 2026, reaching an all-time high of 7.6% in Apr 2008 and a record low of -1.6% in May 2016. The series is reported monthly with history from 2006.

The inflation rate measures the year-on-year change in Singapore’s consumer price index, expressed as a percentage. It is reported monthly and covers the period from January 2006 onward. The indicator tracks the average price change of a representative basket of goods and services over the twelve months ending in the reference month.

Source & methodology

We use primary economic sources for every country. See our methodology page for how we source and verify this data.

FAQ

Singapore Inflation Rate FAQ