Singapore core inflation rate


Singapore core inflation rate: 2.9 (-6.45%)
Last Update: June 30, 2024

Singapore core inflation rate closed down 2.9 as of June 30, 2024 from 3.1 from the previous month and 4.2 from last year.


Singapore core inflation rate Analytics & Data




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Singapore core inflation rate

DateValues
2024-06-30 2.9
2024-05-31 3.1
2024-04-30 3.1
2024-03-31 3.1
2024-02-29 3.6
2024-01-31 3.1
2023-12-31 3.3
2023-11-30 3.2
2023-10-31 3.3
2023-09-30 3
2023-08-31 3.4
2023-07-31 3.8
2023-06-30 4.2
2023-05-31 4.7
2023-04-30 5
2023-03-31 5
2023-02-28 5.5
2023-01-31 5.5
2022-12-31 5.1
2022-11-30 5.1
2022-10-31 5.1
2022-09-30 5.3
2022-08-31 5.1
2022-07-31 4.8

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Singapore core inflation rate Statistics


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlopePercentileUpdate
core inflation ratesg.coreinflationrate2.93.1-6-38DownDown582024-05-31

Singapore core inflation rate Factors

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Singapore core inflation rate Historical Data

The MacroVar database offers free access to historical data for the Singapore core inflation rate, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Singapore core inflation rate data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Singapore core inflation rate

The Singapore core inflation rate refers to the measure of inflation that excludes certain volatile components such as food and energy prices. This is done in order to provide a more accurate reflection of underlying inflation trends in the economy. By focusing on core inflation, policymakers and analysts are better able to gauge the true level of price pressures and make informed decisions about monetary policy. The core inflation rate is an important indicator of the overall health of the economy and can have significant implications for consumers, businesses, and investors.