2024 Inflation Rate Singapore Forecast. Singapore's central bank expects overall inflation to ease at a faster pace in 2024, but core inflation to rise in the current quarter due to gst hike and carbon tax. Singapore's gdp is projected to grow faster by 1 to 3 per cent in 2024, but inflation and borrowing costs are expected to cool slightly.
Singaporeโs annual inflation rate stood at 2.4% in july 2024, keeping unchanged for the second month while falling short of market forecasts of 2.5%. Consumer price index cpi in singapore averaged 64.73 points from 1961 until.
