23.06.2025 05:01
Singapore's core consumer price index (CPI) experienced a year-on-year increase of 0.6 percent in May, aligning precisely with expectations. This indicates a relatively stable inflation rate for the month.
The overall consumer price index for Singapore also saw a rise of 0.8 percent year-on-year in May, mirroring the projected figure. This suggests a consistent upward trend in the cost of living.
These figures, obtained from internet sources, offer insights into Singapore's current economic climate. The stability in both core and overall CPI suggests a relatively controlled inflationary environment. However, continued monitoring is crucial for a comprehensive understanding of the nation's economic trajectory.