Singapore MAS Core Inflation (YoY)
Published:
Annual change in the MAS core inflation measure (CPI excluding accommodation and private transport).
Full explanation
Singapore MAS Core Inflation (YoY) is the annual percentage change in the Monetary Authority of Singapore's core inflation measure, which is the Consumer Price Index excluding accommodation and private transport. It is published monthly in a joint MAS and Ministry of Trade and Industry release based on Department of Statistics CPI data. It is a core measure and differs from headline (all-items) CPI.
Why traders watch it
MAS sets policy through the Singapore dollar exchange rate, and core inflation is central to its assessment, so surprises can move the Singapore dollar.
Stronger vs weaker outcomes
A higher-than-expected reading points to firmer underlying inflation and can raise expectations of a tighter MAS exchange-rate stance; a lower reading points the other way.
A higher reading means underlying Singapore inflation rose faster.
A lower reading means it rose more slowly.
Higher means firmer core inflation; lower means softer.
Release details
- Release frequency
- Monthly
Typical volatility
Low. Do not compare core inflation with headline CPI, which includes accommodation and private transport.
Trading considerations
- Read alongside MAS policy statements.
Educational guidance only — never a trading signal or recommendation.
Related indicators
15-Year Mortgage Rate
A weekly Freddie Mac measure of average U.S. 15-year fixed-rate mortgage borrowing costs.
Absa Manufacturing PMI
A monthly survey indicator tracking whether South African manufacturing conditions are improving or weakening.
ADP Employment Change
ADP Employment Change is a private estimate of changes in U.S. private-sector jobs based on payroll data from ADP.
ADP Nonfarm Employment Change
A monthly, payroll-data-based measure of changes in US private-sector employment.
Ai Group Australian Industry Index
A monthly survey-based gauge of whether activity in Australian industrial sectors is expanding or contracting.
Albania Balance of Trade
Albania Balance of Trade measures the difference between the value of Albania’s goods exports and goods imports.