The singularities of thermodynamic quantities close to the critical point are examined from the standpoint that the divergence of the static correlation function, which occurs at the phase transition, gives rise to the singular behaviour in a self-consistent way. For this purpose, we use a set of coupled non-linear integral equations obtained from the density field formalism of Sherrington and its extension to general order by Bhagavan and Lambert. This set of equations is used for treating an itinerant electron model of a ferromagnetic system. In this way we arrive at a critical behaviour different from the one predicted by the usual molecular field theory, and find that the inverse correlation length x, the spontaneous magnetization m and the magnetic field Hmag are related to each other by x = m2 and Hmag = m5 (at T = Tc).