Singapore's core inflation, which excludes the cost of accommodation and private transport, rose 1.7% year on year in March from 1.4% in the previous month, according to a joint release by the Monetary Authority of Singapore and the Ministry of Trade and Industry on Thursday.
The headline consumer price index, representing overall inflation, climbed 1.8% year on year in the month, due to higher transport and core inflation.
On a month-on-month basis, core inflation inched up 0.1%, while overall inflation was up 0.5%.
Core inflation and overall inflation are currently projected to average 1.5% to 2.5% in 2026, the report said.
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