Makrognosis

Singapore Core Inflation Rate

MonthlyNot seasonally adjustedCode SG.CPICORE.M.NSA

Latest (y/y)2.0%September 2026
Previous (y/y)2.2%August 2026
Level102.8September 2026

Singapore Core Inflation Rate was up 2.0% year on year in September 2026, compared with 2.2% in August 2026.

The level stood at 102.8 (Index (2024=100)).

Among the 50 economies Makrognosis covers on this measure, it is the 11th lowest.

Over the past ten years it has ranged from −0.4% (Jul 2020) to 5.6% (Jan 2023), averaging 1.8%.

Singapore Core Inflation Rate, annual % change, Jan 1991 – Sep 2026−2%0%2%4%6%1995200020052010201520202025Robomacro
Singapore Core Inflation Rate, annual % change, Jan 1991 – Sep 2026. Source: Singapore Department of Statistics (SingStat) Table Builder.
Singapore Core Inflation Rate, level (Index (2024=100))506070809010019901995200020052010201520202025Robomacro
Singapore Core Inflation Rate, level (Index (2024=100)).

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

PeriodValueY/Y %
September 2026102.82.0
August 2026102.72.2
July 2026102.52.0
June 2026102.21.6
May 2026102.11.4
April 2026102.11.4
March 2026101.91.7
February 2026101.81.4
January 2026101.31.0
December 2025101.71.2
November 2025101.21.2
October 2025101.31.2
September 2025100.80.4
August 2025100.50.3
July 2025100.40.5
June 2025100.60.6
May 2025100.70.6
April 2025100.60.7
March 2025100.20.5
February 2025100.30.6
January 2025100.30.8
December 2024100.41.7
November 202499.981.9
October 2024100.12.1

Last 24 observations. The full history (441 observations) is available through the API.

Get Singapore Core Inflation Rate in your code or spreadsheet

One guessable code, agency-direct, updated on release. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/SG.CPICORE.M.NSA"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/SG.CPICORE.M.NSA",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
Get a free API key → · API docs

About this series

Latest observationSeptember 2026
First observationJanuary 1990
Observations441
FrequencyMonthly
UnitsIndex (2024=100)
AdjustmentNot seasonally adjusted
10-year high5.6% (Jan 2023)
10-year low−0.4% (Jul 2020)
10-year average1.8%
Source agencySingapore Department of Statistics (SingStat) Table Builder
Makrognosis codeSG.CPICORE.M.NSA

Core Inflation Rate: how Singapore compares

#EconomyPeriodLatest
1ArgentinaSep 202631.6%
2TurkeyOct 202628.5%
3RomaniaSep 20267.0%
4IcelandSep 20266.8%
5KosovoSep 20266.2%
35MaltaOct 20262.4%
36AlbaniaSep 20262.4%
37GermanyOct 20262.3%
38ItalyOct 20262.3%
39JapanSep 20262.2%
40SingaporeSep 20262.0%
41LuxembourgOct 20262.0%
42FranceOct 20262.0%
43SloveniaOct 20261.9%
44MalaysiaSep 20261.7%
45DenmarkOct 20261.7%
46FinlandOct 20261.5%

Core Inflation Rate by country: all 50 economies ranked →

Other Singapore indicators

Singapore GDP (Gross Domestic Product)Singapore GDP At Current Prices Total, Quarterly (SingStat M015651)Singapore Nominal GDP at current market prices (SingStat/DOS, SGD million, annual)Singapore Inflation Rate (CPI)Singapore Unemployment RateSingapore Unemployment rate, end of period (MOM via SingStat, quarterly)Singapore 10-Year Government Bond YieldSingapore Credit Rating & Sovereign Risk ScoreSingapore Loans and advances of banks (SingStat M701091 series 1)Singapore Industrial ProductionSingapore Retail SalesSingapore Producer Price Inflation (PPI)Singapore Current account balance, SGD million (SingStat, quarterly)Singapore Trade Balance: Goods & ServicesSingapore Total Merchandise Exports (At Current Prices), MonthlySingapore Total Merchandise Imports (At Current Prices), Monthly

FAQ

What is the current core Inflation Rate in Singapore?
The latest reading is 2.0% year on year for September 2026, published by Singapore Department of Statistics (SingStat) Table Builder.
Where does this data come from?
It is collected directly from Singapore Department of Statistics (SingStat) Table Builder and is available through the Makrognosis API under the code SG.CPICORE.M.NSA.

Last updated 2026-10-23. Source: Singapore Department of Statistics (SingStat) Table Builder. Original title: “MAS Core Inflation Measure Index (2024=100), Monthly”.