Singapore’s inflation rates are expected to remain stable throughout 2025, according to RHB Bank’s latest Global Economics and Market Strategy Report.
The report, attributed to Barnabas Gan, Group Chief Economist and Head of Market Research at RHB Bank, forecasts headline inflation at 1.6% year-on-year (YoY) and core inflation at 1.1% YoY for the year.
April’s Consumer Price Index (CPI) held steady at 0.9% YoY, aligning with Bloomberg’s consensus and RHB’s expectations of 0.94% YoY. Year-to-date, headline and core inflation have averaged 1.0% YoY and 0.6% YoY, respectively.
“`
