Singapore Posts 1.8% April Inflation as Q1 GDP Growth Is Revised to 6%
Updated
Updated · CNBC · May 25
Singapore Posts 1.8% April Inflation as Q1 GDP Growth Is Revised to 6%
3 articles · Updated · CNBC · May 25
April consumer inflation slowed to 1.8%, below the 2% Reuters forecast, while core inflation eased to 1.4% against expectations of 1.7%.
Services and retail prices rose less than expected, but the Monetary Authority of Singapore warned imported cost pressures could broaden as Middle East-driven energy and input costs move through supply chains.
Q1 GDP growth was revised up sharply to 6% from an advance estimate of 4.6%, beating the 5.1% Reuters estimate and underscoring stronger early-year momentum.
Singapore still kept its 2026 growth forecast at 2%-4%, citing risks from energy-related disruptions in the Strait of Hormuz after the MAS tightened policy in April for the first time in over three years.
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