Post by Ministry of Trade and Industry (Singapore)

In March 2026, the Consumer Price Index (CPI)-All Items inflation picked up to 1.8% year-on-year, from 1.2% in February. MAS Core Inflation rose to 1.7% year-on-year, from 1.4% in February.    Globally, crude oil and natural gas prices have risen sharply. Domestically, this will add to electricity & gas and transport-related inflation in the months ahead. As higher energy and other input costs pass through supply chains worldwide, they will raise production and transport costs for a wide range of Singapore’s imported goods and services.   For 2026 as a whole, both CPI-All Items and MAS Core Inflation are projected to average 1.5% to 2.5%.   On top of existing support announced at Budget 2026, the Government is providing additional support to help Singaporeans manage cost pressures and stands ready to do more if necessary.   Read the CPI for March 2026 here: https://lnkd.in/gDKKmpDu