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flag Singapore's core inflation fell to 0.7% in 2025 from 2.8% in 2024, with stable prices in December.

flag Singapore's core inflation averaged 0.7% in 2025, down from 2.8% in 2024, with the rate holding steady at 1.2% in December, according to official data released January 23, 2026. flag Headline inflation also declined to 0.9% for the year from 2.4% in 2024. flag Officials attribute the cooling to falling imported costs and stable food and services prices. flag However, both core and headline inflation are projected to rise in 2026 due to normalizing productivity, rising labor costs, and steady demand, with updated forecasts expected January 29.

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