Wage growth slowed for Singapore workers in 2025, expected to stay moderate in 2026: MOM

Wage growth slowed for Singapore workers in 2025, expected to stay moderate in 2026: MOM

Although nominal wages grew more slowly in 2025, real wages grew faster because inflation eased.

Singapore real wages grew 4% in 2025 as inflation eased

Singapore workers' real wages grew by 4% in 2025 due to easing inflation, increasing their purchasing power, according to the Ministry of Manpower. Read more at straitstimes.com.

Singapore workers’ real wages grew by 4% in 2025 as inflation cooled: MOM

Fewer firms gave salary increases amid geopolitical uncertainty and easing inflation Nominal wages of full-time resident employees grew by 4.9% at a slower pace in 2025 than 2024’s 5.6%, the Ministry of Manpower (MOM) reported on Thursday. This comes amid Singapore’s overall inflation dropping sharply from 2.8% in 2024 to 0.7% in 2025, which MOM said could have contributed to reduced upward pressure on firms to raise nominal wages. After adjusti…

Wage growth set to remain positive in 2026: MOM, Singapore News

Amid global economic unpredictability and continuing geopolitical shocks, wage growth is set to remain positive in 2026, said the Ministry of Manpower (MOM) on Thursday (May 28).Still, firms are likely to be cautious in wage-setting, according to the report on Wage Practices 2025 released by MOM on Thursday.Nominal wages rose 4.9 per cent last year, slower than the 5.6 per...

Real wages rise 4% in 2025 as inflation eases

Real wages in Singapore grew 4% in 2025, up from 3.2% in 2024, as easing inflation lifted workers’ purchasing power despite slower nominal wage growth.

Singapore real wages up an improved 4% in 2025 as inflation eases; nominal wage growth slows: MOM

Fewer firms increase salaries last year, though the proportion of profitable establishments grows Read more at The Business Times.