Inflation in Singapore eased to a three-month low of 5 percent in May from 5.4 percent in April, the latest figures from Statistics Singapore showed Monday.
Economists had forecast the rate to fall to 5.1 percent. On a monthly basis, the consumer price index moved up by 0.2 percent.
Food prices increased 2.5 percent year-on-year in May, while transport charges climbed 9.2 percent. Housing costs were 8.2 percent higher than a year earlier.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.