MAS Core Inflation, which excludes the costs of accommodation and private transport, rose marginally to 0% year-on-year in January–February 2021, from −0.2% in Q4 2020. The MAS expects core inflation, its preferred price gauge in setting monetary policy, to rise only gradually for the rest of the year and come in at 0%–1% in 2021. On a core basis — which excludes food and energy — the CPI is expected to have increased by 0.3% or 2.3% year over year. Annual Statistics Core Inflation Rate in Singapore averaged 1.61 percent from 1990 until 2021, reaching an all time high of 6.50 percent in May of 2008 and a record low of -1.40 percent in October of 2009. Find information on the level of RMB deposits in Singapore. The Monthly Statistical Bulletin provides key monetary and banking statistics to inform market participants, analysts and the wider public of the latest financial sector developments in Singapore. It added that its accommodative stance “will remain appropriate for some time” with core inflation set to remain low. International Reserves and Foreign Currency Liquidity Singapore's dollar strengthened 0.2% after the policy decision and better-than-expected gross domestic product (GDP) data. Access regulations, updates and licensing information, Regulations, guidance and licensing for deposit-taking institutions, Regulations, guidance and licensing for capital market entities, Regulations, guidance and licensing for insurers, Regulations, guidance and licensing for payment service providers and systems, Information on MAS’ approach, strategies and efforts in these key areas, MAS’ approach to supervision and the instruments under the Acts it administers, Find out about MAS’ strategies to develop and support the financial sector, Discover what makes Singapore a leading global financial centre, Find out how MAS is co-creating a Smart Financial Centre, Latest information on MAS’ FinTech strategy, initiatives and funding schemes, Get funding on proof-of-concepts, hiring, business development and more, Sandbox relaxes regulatory requirements to enable live experiments of innovation, Various payment initiatives including SGQR, FAST and PayNow, World’s first open architecture platform for FIs to discover FinTechs and deploy solutions. Get notified whenever news and updates are posted on this website. Quarterly Unaudited Statistics The MAS Core Inflation and CPI‐All Items inflation forecast ranges will be released in MAS’ upcoming Monetary Policy Statement. Although MAS core inflation is expected to rise gradually this year from its current low levels, it will remain short of its historical average," it added. Inflation rose to 1.3% in March from February’s 0.7%, thus marking the highest inflation rate since May 2017. MAS Core Inflation ... Pte Ltd (DDRS) from October 2017 to August 2020. Discrepancies between MAS and DDRS' figures may occur due to differences and refinements in extraction methodology. As a result, the annual average variation of consumer prices edged up to minus 0.1% in March (February: -0.2%), while core inflation came … Consumer Price Developments in October 2020 Summary MAS Core Inflation came in at ‐0.2% on a year‐on‐year (y‐o‐y) basis in October, lower than the ‐0.1% in September. Foreign Exchange Operations The MAS expects core inflation, its … Get notified whenever news and updates are posted on this website. Discrepancies between MAS and DDRS' figures may occur due to differences and refinements in extraction methodology. Official Foreign Reserves SGD: Singapore core inflation, the central banks preferred measure rose 0.5%, above estimates of 0.4%, headline CPI roe 1.3% against 1.2% expected. Monetary Authority: Assets and Liabilities o There were steeper declines in the costs of services and retail & other goods, as well as lower food inflation. View reports on aggregate over-the-counter (OTC) derivatives transaction activity submitted by reporting institutions to DTCC Data Repository (Singapore) Pte Ltd (DDRS) as part of reporting obligations under the Securities and Futures Act (SFA). SINGAPORE inflation cooled below expectations in July, prompting the Monetary Authority of Singapore (MAS) to ease its full-year outlook slightly, according to data released on Friday. View the breakdown of MAS' assets and liabilities, including foreign assets, domestic credit, reserve money, foreign liabilities and government deposits. The issue of . Find statistical information on the value of notes and coins which have been issued into circulation here. ; CPI‐All Items inflation fell to ‐ 0.2% y‐o‐y in October, from 0% in September. View data on Singapore's foreign reserves, including special drawing rights, reserve position in the IMF, and gold and foreign exchange.