Singapore’s economic sentiment rebounded in Q2 2026 (July 2026), but cost-of-living pressure continues to shape household confidence and spending. SensingSG findings show why policymakers must look beyond headline recovery to the lived experience of different households, while businesses should prepare for consumers who feel more optimistic about the future but remain highly disciplined about price and value.

SensingSG’s Q1 2026 data shows that Singaporeans continue to back the country’s overall direction, with 89% saying it is on the right track. Yet beneath that headline resilience, household sentiment is weakening fast. Economic pessimism has doubled in a single quarter, personal finance confidence has slipped to a two-year low, and the impact of global price shocks is beginning to register more sharply in daily life.