Around the world, consumer prices have been increasing over the last few months. Global inflation is expected to remain high for some time. In Singapore, the Consumer Price Index (CPI) for All Items rose by 5.4% year-on-year (y-o-y) in March, compared to the 4.3% increase in the previous month.

The Government continues to monitor closely the inflation experienced by Singaporean households and is providing support to businesses and households in need. Read more on the support measures here:

• MOF Budget 2022: Click  
• MTI COS 2022: Click