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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
SingaporeSingapore CPI MoM fell to -0.3% in April 2026
FMPMonthlyReleased May 2026
Singapore CPI MoM fell to -0.3% in April 2026, released May 2026, down 0.8% from March's 0.5% reading.
Latest Release
-0.300000
Actual
—
Consensus
0.500000
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| USD/SGD | ▼ Inverse | −0.50 | FOREX | Bullish SGD | → View |
| AUD/USD | ▲ Direct | +0.35 | FOREX | Watch | → View |
| EUR/USD | ▲ Direct | +0.30 | FOREX | Watch | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Watch | → View |
| S&P 500 | ▲ Direct | +0.30 | INDEX | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
CPI MoM (Singapore) was reported at -0.3% in May 2026. The reading fell from the previous value of 0.5%. Trailing 12-month context per ETL data through May 2026.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with USD/SGD (Bullish SGD). A secondary relationship exists with AUD/USD, positively correlated (Watch).
WHAT TO WATCH NEXT
The next release is scheduled for June 23, 2026. Same-country events in the next 14 days include CPI YoY (Jun 23).
Auto-generated from current model state · Refreshes on each release · Last update May 2026.
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CPI MoM - SG
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About CPI MoM — Singapore
DEFINITION
Singapore's CPI MoM for May registered at -0.300000%, marking a sharp decline from April's 0.500000% and signaling a contraction in monthly inflation. This reversal from positive growth to deflation reflects easing price pressures after two consecutive months of increases. Market focus will remain on upcoming data releases and central bank policy adjustments amid this cooling inflation trend. Updated 5/25/26
WHY THIS INDICATOR MATTERS
Inflation prints feed directly into central-bank policy expectations and real-yield calculations, and are among the most rate-sensitive releases on the calendar. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Apr 2026): actual -0.3 %. Prior reading (Mar 2026): 0.5 %. Before that (Feb 2026): 0.6 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially higher reading versus the latest print. Current dynamics are the primary tailwind in the projection. This indicator correlates most strongly with USD/SGD (Bullish SGD, r=-0.50) — a useful reference for forex-focused traders.