The Singapore Department of Statistics has reported a 0.4% decrease in the Consumer Price Index (CPI) for July 2025 compared to the previous month. However, on a year-on-year basis, the CPI increased by 0.6%. This dual movement in the CPI reflects the ongoing economic adjustments within the country.
The monthly decline in the CPI suggests a temporary easing in consumer prices, which could be attributed to various factors such as changes in demand or supply chain adjustments. Conversely, the annual increase indicates a longer-term trend of rising prices, which may impact household budgets and purchasing power.
The CPI is a crucial indicator of inflation, measuring the average change over time in the prices paid by consumers for goods and services. Understanding these fluctuations is vital for policymakers and businesses as they navigate economic planning and strategy.
The Singapore Department of Statistics continues to provide detailed insights into these economic indicators through its SingStat Table Builder and the enhanced SingStat Mobile App. These tools offer users access to comprehensive data and improved features for better analysis and understanding of Singapore’s economic landscape.
For more detailed information, the full press release is available on the Singapore Department of Statistics website. As Singapore continues to monitor its economic indicators, these insights will play a significant role in shaping future economic policies and strategies.
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