Singapore Inflation Hits Two-Year High as Energy Costs Linger and MAS Policy Eyed

2.2% — Singapore's core inflation climbed to its highest level since September 2024 in August, up from 2% in July, driven by services, food, and retail goods as energy costs remain stubbornly elevated.

Money Moves

• Core inflation hits near two-year high — Singapore's core CPI rose to 2.2% year-on-year in August, the sharpest reading since September 2024, with services inflation edging up to 2% and food inflation creeping to 2.3%
• **Electricity tariff...