Loading page content
Loading page content
Singapore CPI YoY held to 1.4% in May 2026, released June 2026. The print came in cooler than the 1.6% consensus, a softer print than forecasters anticipated. The print is running well below the 12-month average of 1.6%.
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).
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| USD/SGD | ▼ Inverse | −0.50 | FOREX | Moves against | → View |
| AUD/USD | ▲ Direct | +0.35 | FOREX | Moves with | → View |
| EUR/USD | ▲ Direct | +0.30 | FOREX | Moves with | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Moves with | → View |
| S&P 500 | ▲ Direct | +0.30 | INDEX | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
CPI YoY (Singapore) was reported at 2.2% in August 2026. The reading rose from the previous value of 1.9%. Trailing 12-month context per ETL data through August 2026. This is classified as a medium-impact indicator released on a monthly basis.
Historically, this indicator is negatively correlated with USD/SGD (Bullish SGD). A secondary relationship exists with AUD/USD, positively correlated (Watch).
Auto-generated from current model state · Refreshes on each release · Last update August 2026.
Singapore's CPI YoY rose to 2.200000% in August, up from July's 1.800000%, indicating accelerating inflation. This increase marks a clear upward trend from June's 1.800000% and May's 1.400000%, signaling stronger price pressures. Market participants will closely watch upcoming data for central bank policy implications. Updated 8/24/26
Inflation prints feed directly into central-bank policy expectations and real-yield calculations, and are among the most rate-sensitive releases on the calendar. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released monthly.
Latest reading (Jul 2026): actual 2.2 %. Prior reading (May 2026): 1.8 %. Before that (Apr 2026): 1.4 %.
Sigmacast's 1-month forecast points to a materially higher reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with USD/SGD (Bullish SGD, r=-0.50) — a useful reference for forex-focused traders.
Multi-horizon symbol forecasts, Rolling-Surprise economic predictions, and programmatic API access.
Expected Zones · Trade Bias · Confidence Intervals · API Access · 1,456+ instruments
| Thursday, September 17, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 00:30 | Balance of Trade | 10.724 | 11 | 10.29 | Low | ||
| 00:30 | Non-Oil Exports YoY | 24.2 | 35 | 39.20 | Low | ||
| 02:30 | Unemployment Rate | 2 | 2 | 2.00 | Low | ||