Fitch Ratings: Singapore's inflation is expected to be under control this year.

In a report, Fitch Ratings International stated that although Singapore's inflation rate is expected to increase in 2026 compared to the previous year, it may be manageable. Fitch noted that Singapore's strong wage growth and input price pressures, particularly from energy and food prices, could drive overall inflation from 0.9% in 2025 to 2.0% in 2026. However, Fitch mentioned that Singapore has strong external buffers to cope with continued oil shocks. The rating agency also added that its exchange rate-based monetary policy could limit input inflation. The Monetary Authority of Singapore expects core and overall inflation to be between 1.0% and 2.0% this year.