Understand the various initiatives for technology solutions and projects in Green Finance. 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. The MAS Core Inflation and CPI‐All Items inflation forecast ranges will be released in MAS’ upcoming Monetary Policy Statement. Find statistical information on the value of notes and coins which have been issued into circulation here. Opening Remarks by Mr Lim Tuang Lee, Assistant Managing Director (Capital Markets), Monetary Authority of Singapore, at the ASEAN Corporate Governance Scorecard Briefing on … 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 … View data on Singapore's foreign reserves, including special drawing rights, reserve position in the IMF, and gold and foreign exchange. Core inflation, which excludes the costs of accommodation and private road transport, came in at 0.3 per cent on a year-on-year basis last month, lower than the 0.6 per cent … It added that its accommodative stance “will remain appropriate for some time” with core inflation set to remain low. View data on Singapore’s foreign exchange intervention operations. Monetary Authority: Assets and Liabilities Industry collaboration that explores blockchain’s usage for Central Bank Digital Currency, World’s largest festival for the FinTech community to connect, collaborate and co-create, Fast track intellectual property protection through various initiatives, A collaborative AI-driven global solutions hub to foster SME digitalisation, Find out about the opportunities and plans that MAS has to grow your business areas, Read about the support that is available for your business operations, Find out how MAS and our partners build a pipeline of financial professionals and leaders, Read about MAS’ monetary policy framework, central bank operations and related information, Get information on SSB, SGS Bonds, T-bills, MAS Bills and MAS FRN, Discover more about the Singapore’s currency, Access the various consultations, monographs, macroeconomic reviews and other publications, View data on Singapore’s financial sector, reserves statistics, exchange rates and others, Get the latest news, speeches, updates and announcements, Find out about working in MAS and the various opportunities that are available. source: Statistics Singapore 1Y 5Y View the breakdown of MAS' assets and liabilities, including foreign assets, domestic credit, reserve money, foreign liabilities and government deposits. INFLATION . Semi-Annual Retail Payment Statistics This morning’s Consumer Price Index (CPI) came in at a higher than expected 4.2%. Annual Statistics This page provides the latest reported value for - Singapore Core Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. This mainly reflected the fading disinflationary effects of government subsidies on healthcare and education services introduced in H1 2020. How to measure it, what causes it, what its costs are, ... DOS collects price data on the consumption items from a wide range of retail outlets and service providers, through postal/email surveys, from websites ... of inflation to either demand or supply factors, with different 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. The annual core inflation rate is 3.0%, the U.S. Labor Department reported … Data on foreign reserves, currency statistics, exchange rates and interest rates are also available. Monetary Authority of Singapore 2 . Industry collaboration that explores blockchain’s usage for Central Bank Digital Currency, World’s largest festival for the FinTech community to connect, collaborate and co-create, Fast track intellectual property protection through various initiatives, A collaborative AI-driven global solutions hub to foster SME digitalisation, Find out about the opportunities and plans that MAS has to grow your business areas, Read about the support that is available for your business operations, Find out how MAS and our partners build a pipeline of financial professionals and leaders, Read about MAS’ monetary policy framework, central bank operations and related information, Get information on SSB, SGS Bonds, T-bills, MAS Bills and MAS FRN, Discover more about the Singapore’s currency, Access the various consultations, monographs, macroeconomic reviews and other publications, View data on Singapore’s financial sector, reserves statistics, exchange rates and others, Get the latest news, speeches, updates and announcements, Find out about working in MAS and the various opportunities that are available. The APIs enable you to seamlessly extract the relevant datasets for your applications and systems. Core consumer prices, which exclude accommodation and private road transport costs, increased by 0.5% from a year earlier, the highest since December 2019, after a 0.2% rise in February and above forecasts of a 0.1% rise. Access statistics for selected payment systems and sectors in Singapore. The statistical office expects external inflation to rise in the coming quarters, amid a recovery in global oil prices. View returns on life and general business by insurer. Understand the various initiatives for technology solutions and projects in Green Finance. Core inflation is the change in the costs of goods and services but does not include those from the food and energy sectors. Supervisory Approach and Regulatory Instruments, Lists of Designated Individuals and Entities, Grants for Smaller Financial Institutions, Recent Economic Developments in Singapore, Singapore Overnight Rate Average (SORA) Interest Rate Benchmark, Singapore Government Securities (SGS) Bonds, Investing in Singapore Government Securities (SGS) Bonds, Investing in Singapore Savings Bonds (SSB), Brunei-Singapore Currency Interchangeability Agreement, Reproduction of Singapore Currency Images, Money and Banking Monthly Statistical Bulletin, Financial Sector Development Fund Annual Report, Interest Rates of Banks and Finance Companies, Monetary Authority: Assets and Liabilities, International Reserves/Foreign Currency Liquidity, View a list of Application Programming Interfaces (APIs), Opportunities for Mid-Career Professionals. 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. Singapore. 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). 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. Access MAS APIs for exchange rates, interest rates, loans and more. The central bank's core inflation measure excludes changes in the prices of cars and accommodation, which are influenced more by government policies. Insurance Company Returns The MAS expects core inflation, its … 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. For data from September 2020 onwards, please refer to DDRS' public reporting site found here . This page provides - United States Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Foreign Exchange Operations Find data on Singapore’s banking and insurance sectors. In February 2019, MAS Core Inflation eased to 1.5% on a year-on-year (y-o-y) basis, from 1.7% in January, due to smaller increases in the costs of services, retail items and electricity & gas.1 Despite lower core inflation, CPI-All Items inflation edged up to 0.5% y-o … 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. In 2017, the average inflation rate in Singapore amounted to about 0.58 percent compared to the previous year, and it seemed to recover from … Core Inflation Rate in the United States averaged 3.57 percent from 1957 until 2021, reaching an all time high of 13.60 percent in June of 1980 and a record low of 0 percent in May of 1957. Core inflation fell to -0.1 per cent year-on-year in November, compared with October 's -0.2 per cent, data from the Monetary Authority of Singapore (MAS) and Ministry of … SINGAPORE'S central bank will probably leave monetary policy untouched at its next review in April, analysts said on Thursday, as the latest data showed inflation picking up again in the final stretch of 2019. MAS Core Inflation and Notes to Selected CPI Categories, Interest Rates of Banks and Finance Companies, Historical SORA, SORA Index and Compounded SORA Averages (2005-2020), Historical SGS Prices and Yields - All Issues, Monetary Authority: Assets and Liabilities, International Reserves and Foreign Currency Liquidity, Supervisory Approach and Regulatory Instruments, Lists of Designated Individuals and Entities, Grants for Smaller Financial Institutions, Recent Economic Developments in Singapore, Singapore Overnight Rate Average (SORA) Interest Rate Benchmark, Singapore Government Securities (SGS) Bonds, Investing in Singapore Government Securities (SGS) Bonds, Investing in Singapore Savings Bonds (SSB), Brunei-Singapore Currency Interchangeability Agreement, Reproduction of Singapore Currency Images, Money and Banking Monthly Statistical Bulletin, Financial Sector Development Fund Annual Report, International Reserves/Foreign Currency Liquidity, View a list of Application Programming Interfaces (APIs), Opportunities for Mid-Career Professionals. Money and Banking - Monthly Statistical Bulletin. Inflation Trends and Outlook 8. Official data released last week showed core inflation – … MAS core CPI, which excludes costs of accommodation and private road transport, grew 0.5 percent annually in March, following a 0.2 percent increase in the preceding month. MAS Core Inflation and Notes to Selected CPI Categories (XLS (62.6 KB)) Domestic Interest Rates (API available) Interest Rates of Banks and Finance Companies (API available) Historical SORA, SORA Index and Compounded SORA Averages (2005-2020) (223.7 KB) View yearly insurance statistics, including key financial indicators, industry data, and life and general insurance returns. View data on Singapore's Official Foreign Reserves according to the IMF's Data Template on 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. The core rate excludes food and energy prices because they vary too much from month to month. For data from September 2020 onwards, please refer to DDRS' public reporting site found here. We expect to see core inflation edging slightly lower in the coming months and remain comfortably within the MAS’s 1-2% forecast range this year. The core inflation rate for March 2021 was 1.6% year over year. 2 The core inflation rate — the central bank's favoured price measure - rose to 0.5% in March from a year earlier, compared with 0.2% in the prior month. For 2021, MAS Core Inflation is expected to average 0-1 percent, while the CPI-All Items inflation is expected to come between 0.5-1.5 percent. A … Find information on the level of RMB deposits in Singapore. Singapore's dollar strengthened 0.2% after the policy decision and better-than-expected gross domestic product (GDP) data. 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. View quarterly data for life and general insurance, including premiums, retention ratios, new business, business in force and net investment income. 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. 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. ; CPI‐All Items inflation fell to ‐ 0.2% y‐o‐y in October, from 0% in September. Singapore's dollar strengthened 0.2% after the policy decision and better-than-expected gross domestic product (GDP) data. Discrepancies between MAS and DDRS' figures may occur due to differences and refinements in extraction methodology. Consumer Price Index (CPI)-All … 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. MAS Core Inflation ... Pte Ltd (DDRS) from October 2017 to August 2020. MAS Core Inflation Measure: The Monetary Authority of Singapore (MAS) monitors a core inflation measure that excludes the components of “Accommodation” and “Private Transport”. The … MAS core CPI, which excludes costs of accommodation and private road transport, grew 0.2 percent annually in February, reversing a 0.2 percent decrease in the preceding month. Over-the-counter (OTC) derivatives statistics published on MAS' website cover OTC derivatives transactions submitted by reporting institutions to DTCC Data Repository (Singapore) Pte Ltd (DDRS) from October 2017 to August 2020. 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. o There were steeper declines in the costs of services and retail & other goods, as well as lower food inflation. 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. Inflation rose to 1.3% in March from February’s 0.7%, thus marking the highest inflation rate since May 2017. Source: Reuters/CNA/mn(mi) Tagged Topics Get notified whenever news and updates are posted on this website. 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. It raised its forecast range for headline inflation to 0.5–1.5% from −0.5 to 0.5% previously. Official Foreign Reserves Get notified whenever news and updates are posted on this website. International Reserves and Foreign Currency Liquidity Discrepancies between MAS and DDRS' figures may occur due to differences and refinements in extraction methodology. Quarterly Unaudited Statistics The MAS … The MAS also expects core inflation to pick up in the months ahead, as the disinflationary impact of government subsidies fades and oil price base effects become visible. 1 That means the prices of everything except food and energy rose by 1.6% since March 2020. The issue of . Core inflation, which is used by the Monetary Authority of Singapore (MAS) as a policy guide, scraped in at 1 per cent for the year - easing from 1.7 per cent in 2018, but hewing to an official forecast for "the lower end" of the 1 per cent to 2 per cent … VIDEO 3:31 03:31 Alternative data suggests key inflation … 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. Singapore dollar strengthens following the release, USD/SGD last making fresh session lows at 1.3282, but still within yesterday's range. On a monthly basis, consumer prices rose by 0.2% in March, after a 0.6% gain in February.