SINGAPORE, Jan. 23 (Xinhua) -- Singapore's core inflation averaged 0.7 percent in 2025, down from 2.8 percent in 2024, official data showed on Friday.
In a joint statement, the Ministry of Trade and Industry and the Monetary Authority of Singapore said headline inflation averaged 0.9 percent in 2025, compared with 2.4 percent a year earlier.
Core inflation, which excludes accommodation and private transport costs and is closely watched as a measure of underlying price pressures, stood at 1.2 percent year-on-year in December, unchanged from November.
The authorities said the December reading was largely due to stable food and services inflation.
On a month-on-month basis, core consumer prices rose 0.4 percent in December. ■
