The increase in consumer prices in Singapore in November remained stable and remained moderate, providing room for the country's central bank to keep its policy unchanged for the time being. The consumer price index rose 1.2% year on year, the same increase as in October, in line with the median media forecast in a survey of six economists. Core CPI — a key indicator that excludes private land transportation and accommodation costs — also rose 1.2% year over year, according to Statistics Singapore data. This figure is slightly below the 1.25% forecast in the survey. The Monetary Authority of Singapore and the Ministry of Trade and Industry said earlier that import costs are expected to continue to slow in the next few months, albeit at a slower pace. They added that global crude oil prices are likely to fall more gradually in 2026, while regional inflation is expected to pick up moderately.

The increase in consumer prices in Singapore in November remained stable and remained moderate, providing room for the country's central bank to keep its policy unchanged for the time being. The consumer price index rose 1.2% year on year, the same increase as in October, in line with the median media forecast in a survey of six economists. Core CPI — a key indicator that excludes private land transportation and accommodation costs — also rose 1.2% year over year, according to Statistics Singapore data. This figure is slightly below the 1.25% forecast in the survey. The Monetary Authority of Singapore and the Ministry of Trade and Industry said earlier that import costs are expected to continue to slow in the next few months, albeit at a slower pace. They added that global crude oil prices are likely to fall more gradually in 2026, while regional inflation is expected to pick up moderately.