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Singapore wage growth outpaced inflation for most in 2025, PM says

South China Morning PostEN 1 min read 100% complete by CNAFebruary 9, 2026 at 10:06 AM
Singapore wage growth outpaced inflation for most in 2025, PM says
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Singapore's median monthly household income experienced significant growth in 2025, according to the Key Household Income Trends 2025 report released by the Singapore Department of Statistics (Singstat). The median monthly household income rose to S$12,446, a 6.8% increase after adjusting for inflation. Factoring in household size, the median monthly household income per member increased by 7.5% in real terms. Prime Minister Lawrence Wong highlighted that wage growth outpaced inflation for many Singaporean workers and households over the past decade, with lower-income workers experiencing the strongest wage gains. The 2025 report expanded the definition of household income to include "market income," encompassing income from both work and outside work.

Key Entities & Roles

Key Player Opposition Context
Lawrence Wong 80% Singapore Department of Statistics (Singstat) ×290% Singapore ×3100%

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wage growth 100% inflation 90% household income 80% real wages 70% singapore 60% lower-income workers 50% market income 40%

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South China Morning Post
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