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Singapore all-items CPI up 6.7% in June; MAS Core Inflation up by 4.4%

Felicia Tan
Felicia Tan7/25/2022 01:00 PM GMT+08  • 3 min read
Singapore all-items CPI up 6.7% in June; MAS Core Inflation up by 4.4%
Looking ahead, MAS and MTI say global inflation is likely to remain inflated. Photo: Bloomberg
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The Monetary Authority of Singapore (MAS) and the Ministry of Trade and Industry (MTI) are expecting Singapore’s CPI-All Items inflation to come in at a range of between 5.0% - 6.0% for 2022.

MAS Core Inflation, which doesn’t include private transport and accommodation inflation, is projected to average between 3.0% - 4.0%.

The projections come after Singapore’s core and headline inflation continued their upward trend in June, with new highs.

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