Changeflow GovPing Trade & Sanctions Singapore MAS Core Inflation 1.7% in March 2026
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Singapore MAS Core Inflation 1.7% in March 2026

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Summary

The Monetary Authority of Singapore (MAS) and Ministry of Trade and Industry (MTI) reported that MAS Core Inflation rose to 1.7% year-on-year in March 2026, up from 1.4% in February 2026, driven by increased retail and other goods and services inflation. On a month-on-month basis, core prices edged up by 0.1% in March. CPI-All Items inflation also picked up to 1.8% year-on-year from 1.2% in February, due to higher private transport and core inflation components.

Published by MAS on mti.gov.sg . Detected, standardized, and enriched by GovPing. Review our methodology and editorial standards .

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GovPing monitors Singapore MTI News for new trade & sanctions regulatory changes. Every update since tracking began is archived, classified, and available as free RSS or email alerts — 3 changes logged to date.

What changed

The Monetary Authority of Singapore and Ministry of Trade and Industry released March 2026 consumer price data showing both MAS Core Inflation and CPI-All Items inflation increased month-over-month. MAS Core Inflation rose to 1.7% year-on-year from 1.4%, while CPI-All Items inflation picked up to 1.8% from 1.2%. The increase was attributed to higher retail and other goods and services inflation, as well as private transport costs. Financial institutions, policymakers, and market analysts monitoring Singapore's monetary conditions should note the acceleration in both core and headline inflation metrics when assessing economic outlook and policy implications.

Archived snapshot

Apr 23, 2026

GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.

  1. Press releases # Consumer Price DeveIopments in March 2026

23 April 2026

Summary

  • MAS Core Inflation rose to 1.7% year-on-year (y-o-y) in March, from 1.4% in February.

    • This was because of an increase in both retail & other goods and services inflation.
    • On a month-on-month (m-o-m) basis, core prices edged up by 0.1% in March.
  • CPI-All Items inflation picked up to 1.8% y-o-y in March, from 1.2% in February.

MONETARY AUTHORITY OF SINGAPORE
MINISTRY OF TRADE AND INDUSTRY
23 APRIL 2026

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Last updated

Classification

Agency
MAS
Published
April 23rd, 2026
Instrument
Notice
Branch
Independent
Joint with
MTI
Legal weight
Non-binding
Stage
Final
Change scope
Minor

Who this affects

Applies to
Investors Government agencies Financial advisers
Industry sector
5221 Commercial Banking 9211 Government & Public Administration
Activity scope
Inflation monitoring Economic data reporting Monetary policy analysis
Geographic scope
Singapore SG

Taxonomy

Primary area
Financial Services
Operational domain
Finance
Topics
Banking Consumer Finance

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