Singapore inflation remains on more than four -year low -ahead of MAS solution

The Singapore inflation header remained stable at 0.8% in June, remaining at the lowest level in four years.

The inflation rate was lower than 0.9%expected by economists surveyed by Reuters, and ahead of the country’s monetary policy later in July.

The main inflation, which deprived the cost of private transport and accommodation, remained unchanged at 0.6%.

The soft inflation figure cleans the way to Singapore’s cash to ease its monetary policy to support growth in an uncertain trade environment.

In it Last annual report published on July 15Singapur’s monetary power noted that the main inflation “decreased significantly to 1% in the first five months of this year, coming below expectations.”

“Throughout this year, the main inflation is predicted by an average of 0.5%-1.5%, which is 2.8%in 2024,” MAS said.

MAS also retained its prognosis of 0% -2% throughout the year, despite the fact that Singapore placed GDP growth by 4.1% and 4.3% per year in the first and second quarters this year.

Analysts from the Bank of America stated that on July 16, MAS seems to be more concerned about the impact on internal forecasts from a very uncertain global growth background.

“For 2H25 MAS, it expects that internal growth will be” muted “, and global consumption and investment see the mitigation in the coming months, and tariffs for reaching domestic production and exports with the help,” analysts add.

Other experts also reported CNBC earlier in July What the Singapore economy can slow if the boot -loaded stimulus fades into the other half of the year.

“The Singapore Sector of Export Services will refuse, and production activities will continue to fight,” said Shivaan Tandon, an economist for the sale of capital economy.

Singapore’s economy is highly dependent on exports. Figures from the World Bank shows consisting of exports 178.8% GDP city-state In 2024.

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