Singapore's consumer price inflation rose slightly at the start of the year amid rising costs for food and transport, but was much less than expected, while a renewed acceleration was seen in core consumer prices, data published by the Monetary Authority of Singapore and the Ministry of Trade and Industry showed on Thursday.
The consumer price index, or CPI, climbed 6.6 percent year-over-year in January, slightly faster than the 6.5 percent increase in the previous month. Economists had forecast inflation of 7.1 percent.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.