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Official data showed that private transport inflation rose from 6.6 per cent to 8.1 per cent, on account of larger increases in petrol and car prices.<\/span><\/p>\n Electricity and gas prices fell at a slower pace, from -4.3 per cent in March to -3 per cent in April, due to a smaller decline in electricity prices.<\/span><\/p>\n Accommodation inflation edged up from 0.3 per cent to 0.4 per cent in April due to a larger increase in housing rents, said MAS and MTI.<\/span><\/p>\n Food inflation was unchanged at 1.6 per cent as non-cooked food and food services inflation in April was similar to that of the month before.<\/span><\/p>\n Retail and other goods inflation rose at a slower pace – from 1.8 per cent in March to 1.5 per cent in April – as water price inflation eased in April<\/span><\/p>\n Services inflation fell from 2.1 per cent to 1.5 per cent in April due to smaller health insurance costs, as well as lower telecommunication services prices.<\/span><\/p>\n MAS and MTI noted that Singapore’s imported cost pressures are expected to pick up and broaden in the months ahead.<\/span><\/p>\n “As higher energy and other input costs arising from the developments in the Middle East pass through global supply chains, they will raise production and transport costs for a wider range of Singapore\u2019s imported goods and services.<\/span><\/p>\n “On the domestic front, services unit labour costs are likely to increase at a slower pace this year as nominal wage growth eases from the firm levels last year. Meanwhile, domestic consumer spending could turn more cautious amid rising economic uncertainty.”<\/span><\/p>\n The authorities maintained their core and overall inflation projections at an average of <\/span>1.5-2.5 per cent in 2026<\/span>.<\/span><\/p>\n “At this juncture, the risks to the inflation outlook are tilted to the upside. A more persistent disruption to global energy supplies or shortages in key intermediate inputs to regional supply chains could further raise imported costs for Singapore,” said MAS and MTI.<\/span><\/p>\n “However, downside risks are also present. A curtailment of industrial production due to supply chain disruptions or an abrupt tightening in global financial conditions could lead to a slowdown in economic activity and thus lower inflation.”<\/span><\/p>\n<\/div>\n SECTORS Official data showed that private transport inflation rose from 6.6 per cent to 8.1 per cent, on account of larger increases in petrol and…<\/p>\n","protected":false},"author":1,"featured_media":55178,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/dam.mediacorp.sg\/image\/upload\/s--s-PR-0E0--\/c_crop,h_449,w_799,x_1,y_20\/c_fill,g_auto,h_676,w_1200\/fl_relative,g_south_east,l_mediacorp:cna:watermark:2024-04:reuters_1,w_0.1\/f_auto,q_auto\/v1\/one-cms\/core\/2026-05-25T025457Z_2_LYNXMPEM4O000_RTROPTP_3_SINGAPORE-FINANCE-AI.JPG?itok=wNVaYeX8","fifu_image_alt":"","footnotes":""},"categories":[2],"tags":[5214,2555,13764,5548,6200,1960,209],"class_list":["post-55177","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-buzz-news-sg-global","tag-april","tag-core","tag-eases","tag-increases","tag-inflation","tag-months","tag-singapores","wpcat-2-id"],"_links":{"self":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts\/55177","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=55177"}],"version-history":[{"count":0,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts\/55177\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/media\/55178"}],"wp:attachment":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=55177"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=55177"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=55177"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}OUTLOOK<\/h2>\n
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