Singapore Inflation Rate Forecast 2024

Singapore Inflation Rate Forecast 2024. Core consumer prices in singapore increased 2.90 percent in june of 2024 over the same month in the previous year. In the second half of 2024, we expect inflation to ease slightly but remain above the 2% level that most central banks target.

This is slightly higher than the 3.0 per cent forecast. Singapore’s core inflation stayed at 3.1 per cent in may, unchanged from april and march.