Singapore in the Straits Settlements — period of Singapore History

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Tuesday, October 13, 2026

Singapore in the Straits Settlements

period of Singapore History

In brief

Singapore's core inflation rose to 2.2% in August, driven by services, retail, and food costs, with headline inflation at 2.3% as energy prices keep utility tariffs elevated. Authorities reiterated a full-year forecast of 1.5–2.5% for both core and headline inflation, expecting core pressure to stay high before moderating around mid-2027, while private transport inflation cooled slightly.

Singapore lifted its 2026 growth outlook to about 4.5%-5.5% and upgraded its non-oil domestic export forecast to 14%-16%, driven by AI-related demand that boosts electronics and manufacturing while the impact of Middle East disruptions appears smaller. The upgrades reflect a broader AI investment boom supporting the trade-heavy economy amid global headwinds.

LatestSingapore Population Hits Record 6.21M on Foreign GrowthNon-residents added 70,300 people as Singapore reached 6.21 million by June 2026, driven by construction workers for Changi Terminal 5, Marina Bay Sands and housing.Sep 25, 2026