Singapore Inflation Rate

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Singapore Inflation Rate at 7-Month Low of 0.3% in November
Singapore's annual inflation rate slowed to a 7-month low of 0.3 percent in November 2018 from 0.7 percent in the previous month and below market consensus of 0.6 percent. Food inflation remained at its lowest in five months, while cost of transport fell further.
Published on 2018-12-26

Singapore Inflation Rate Unchanged in October
Singapore's annual inflation rate came in at 0.7 percent in October 2018, unchanged from the previous month and slightly below market consensus of 0.8 percent. Food prices rose at a slower pace while cost of housing and transport continued to fall.
Published on 2018-11-23

Singapore September Inflation Rate Below Estimates
Singapore's annual inflation rate came in at 0.7 percent in September of 2018, unchanged from the previous month but below market consensus of 0.8 percent. Prices rose less mainly for food, clothing & footwear and recreation & culture. Meanwhile, inflation picked up for education and cost dropped at a slower pace for housing and transport.
Published on 2018-10-23

Singapore Inflation Rate Rises to 15-Month High in August
Singapore's annual inflation rate edged up to 0.7 percent in August of 2018 from 0.6 percent in the previous month and matching market consensus. It was the highest rate since May 2017, driven by a faster rise in prices of food while cost of housing and transport fell less.
Published on 2018-09-24

Singapore Inflation Rate Steady at 0.6% in July
Singapore's annual inflation rate came in at 0.6 percent in July 2018, unchanged from the previous month’s 7-month high, slightly below market consensus of 0.65 percent. Food inflation was steady while housing deflation eased and transports prices fell.
Published on 2018-08-23

Singapore Inflation Rate Rises to 7-Month High in June
Singapore's consumer price inflation rose to 0.6 percent year-on-year in June 2018 from 0.4 percent in the previous month, matching market consensus. It was the highest rate since last November, mainly boosted by higher prices of food and transport while housing deflation eased.
Published on 2018-07-23

Singapore Inflation Rate at 3-Month High of 0.4% in May
Singapore's consumer price inflation rose to 0.4 percent year-on-year in May of 2017 from 0.1 percent in the previous month and above market consensus of 0.3 percent. It is the highest rate since February, as cost of transport picked up and prices of food continued to increase while cost of housing fell less.
Published on 2018-06-25

Singapore Inflation Rate at 3-Month Low of 0.1%
Consumer prices in Singapore edged up 0.1 percent year-on-year in April of 2018, easing from a 0.2 percent rise in the prior month while market estimated a 0.3 percent gain. It is the lowest inflation rate since January, as inflation of food was steady while both housing and transport prices fell more than in a month earlier.
Published on 2018-05-23

Singapore Inflation Rate Slows to 0.2% in March
Consumer prices in Singapore rose by 0.2 percent year-on-year in March of 2018, easing markedly from a 0.5 percent rise in the prior month while markets estimated a 0.5 percent gain. Food prices rose slightly softer while cost of transport slumped and cost of housing continued to fall.
Published on 2018-04-23

Singapore Inflation Rate at 3-Month High of 0.5% in February
Consumer prices in Singapore rose by 0.5 percent year-on-year in February of 2018, compared to a flat reading in the prior month while market estimated a 0.45 percent gain. It was the highest inflation rate since November 2017, mainly due to a faster rise in cost of food during Lunar New Year festival.
Published on 2018-03-23

Singapore Inflation Rate Unchanged in January
Consumer prices in Singapore were flat on the year in January of 2018, following a 0.4 percent increase in the prior month and compared to market expectations of a 0.4 percent rise. Cost of food and transport went up at slower paces while cost of housing & utilities fell more.
Published on 2018-02-23

Singapore Inflation Rate Slows to 0.4% in December
Consumer prices in Singapore rose 0.4 percent from a year earlier in December of 2017, easing from a 0.6 percent increase in the prior month. The figure was below market expectations of a 0.55 percent rise, as cost of food and transport went up at slower paces while cost of housing & utilities continued to fall.
Published on 2018-01-23

Singapore Inflation Rate at 4-Month High of 0.6%
Consumer prices in Singapore increased 0.6 percent from a year earlier in November of 2017, accelerating from a 0.4 percent rise in the prior month and beating market expectations of 0.5 percent. It was the highest inflation since July, as cost of transport increased at a faster pace while prices of food continued to rise.
Published on 2017-12-26

Singapore Inflation Rate Steady at 0.4% in October
Consumer prices in Singapore increased 0.4 percent from a year earlier in October of 2017, the same pace as in the prior month but below market expectations of 0.5 percent rise. The inflation figure remained the lowest since April, as cost of food increased at a faster pace while transport inflation was similar from the preceding month.
Published on 2017-11-23

Singapore Inflation Rate Steady at 0.4% in September
Consumer prices in Singapore increased 0.4 percent from a year earlier in September of 2017, the same pace as in the prior month and line with market expectations. The inflation figure remained the lowest since April, as food inflation was similar to the preceding month while cost of transport increased at a slower pace.
Published on 2017-10-23

Singapore Inflation Rate at 4-Month Low of 0.4% in August
Consumer prices in Singapore rose 0.4 percent from a year earlier in August of 2017, following a 0.5 percent rise in the prior month while market expected a 0.6 percent increase. It was the lowest inflation rate since April, as cost of food and transport increased at slower paces while cost of housing & utilities continued to fall.
Published on 2017-09-25

Singapore Inflation Rate Edges Up to 0.6% in July
Consumer prices in Singapore rose 0.6 percent from a year earlier in July of 2017, following a 0.5 percent rise in the prior month while market expected a 0.8 percent increase. Cost of transport rose at a faster pace while food inflation was steady and cost of housing continued to fall.
Published on 2017-08-23

Singapore Inflation Rate Eases To 0.5% YoY In June
Consumer prices in Singapore rose 0.5 percent from a year earlier in June of 2017, compared to a 1.4 percent rise in the prior month and below market consensus of a 0.7 percent increase. Prices increased less than in a month earlier for food and transport while cost of housing declined again.
Published on 2017-07-24

Singapore Inflation Rate At Near 3-Year High Of 1.6%
Consumer prices in Singapore rose 1.4 percent year-on-year in May of 2017, compared to a 0.4 percent rise in the prior month and in line with market consensus. It was the highest inflation rate since June 2014, driven by a surge in cost of housing and a faster increase in prices of food.
Published on 2017-06-23

Singapore Inflation Rate At 4-Month Low of 0.4%
Consumer prices in Singapore rose 0.4 percent year-on-year in April of 2017, compared to a 0.7 percent rise in March and below market expectations of 0.7 percent gain. It was the lowest inflation rate since December 2016, mainly driven by lower cost of housing. In contrast, prices accelerated for food and transport. On a month-on-month basis, consumer prices fell 0.3 percent, compared to a flat reading in March.
Published on 2017-05-23

Singapore Inflation Rate Steady At 0.7% In March
Consumer prices in Singapore rose 0.7 percent year-on-year in March of 2017, the same as in February and in line with markets expectations. The inflation rate remained at its highest level since August 2014, mainly driven by an increase in cost food and transport while cost of housing continued to fall.
Published on 2017-04-24

Singapore Inflation Rate at 30-Month High of 0.7%
Consumer prices in Singapore rose 0.7 percent year-on-year in February of 2017, compared to a 0.6 percent increase in January and in line with markets expectations. It was the highest inflation rate since August 2014, driven by a faster increase in cost of transport while prices of food rose further and cost of housing & utilities fell slightly less than in the prior month.
Published on 2017-03-23

Singapore Inflation Rate At 28-Month High Of 0.6%
Singapore consumer prices rose 0.6 percent year-on-year in January of 2017, compared to a 0.2 percent increase in December and in line with markets expectations. It was the highest inflation rate since September 2014, as cost of transport surged while prices of food rose further and cost of housing & utilities fell at a slower pace.
Published on 2017-02-23

Singapore Inflation Rate at 27-Month High of 0.2%
Singapore consumer prices rose 0.2 percent year-on-year in December of 2016, after remaining unchanged in November while markets expected a 0.1 percent rise. It was the highest inflation rate since September 2014, mainly due to a surge in cost of transport while food inflation was steady and cost of housing & utilities fell.
Published on 2017-01-23

Singapore Inflation Rate Flat in November
Singapore consumer prices remained unchanged on the year in November of 2016, following a 0.1 percent drop in October and in line with market consensus. The figure came off a deflationary trend for the first time in two years, as a faster increase in prices of food and a slower drop in cost of housing & utilities offset a further fall in cost of transport.
Published on 2016-12-23

Singapore CPI Drops the Least in 2 Years
Singapore consumer prices declined by 0.1 percent year-on-year in October of 2016, compared to a 0.2 percent drop in September while market expected a flat reading. It was the 24th straight month of decrease and the smallest fall in two years, as cost of housing & utilities and transport dropped at a slower pace while prices of food eased.
Published on 2016-11-23

Singapore CPI Falls the Least in 21 Months in September
Singapore consumer prices declined by 0.2 percent year-on-year in September of 2016, compared to a 0.3 percent drop in August and in line with market expectations. It was the 23rd straight month of decrease but the smallest fall since December 2014, as cost of housing & utilities and transport dropped further while prices of food rose at a faster pace.
Published on 2016-10-24

Singapore Deflation Eases in August
Singapore consumer prices declined by 0.3 percent year-on-year in August of 2016, compared to a 0.7 percent drop in July while market expected a 0.4 percent fall. It was the 22nd straight month of decrease as cost of housing & utilities and transport dropped further while prices of food rose at a slower pace.
Published on 2016-09-23

Singapore CPI Drops More than Expected in July
Singapore consumer prices declined by 0.7 percent year-on-year in July of 2016, the same pace as in June while market estimated a 0.5 percent fall. It was the 21st straight month of decrease as cost of housing & utilities and transport dropped further while prices of food were steady.
Published on 2016-08-23

Singapore Deflation Eases in June
Singapore consumer prices fell 0.7 percent year-on-year in June of 2016, following a 1.6 percent drop in May and market estimates of a 1.1 percent decline. It was the 20th straight month of fall, as cost of housing & utilities and transport dropped less than in a month earlier while prices of food rose at a slower pace.
Published on 2016-07-25

Singapore Deflation Deepest in Nearly 30 Years
Singapore consumer prices fell 1.6 percent year-on-year in May of 2016, following a 0.5 percent drop in April and missing market estimates of a 0.8 percent decline. It was the 19th straight month of fall and the sharpest decline since August 1986. In May, while cost of housing & utilities and transport decreased further, prices of food eased.
Published on 2016-06-23

Singapore Consumer Prices Fall for 18th Month
Singapore consumer prices fell 0.5 percent year-on-year in April of 2016, following a 1.0 percent drop in March and market estimates of a 0.7 percent decline. It is the 18th straight month of decline and the longest period of fall on record. In April, while cost of housing & utilities dropped less than in a month earlier, cost of transport declined further and prices of food rose at a faster pace.
Published on 2016-05-23

Singapore CPI Drops for 17th Month
Consumer prices in Singapore fell 1.0 percent year-on-year in March of 2016, following a 0.8 percent drop in February and below above market consensus of a 0.7 percent decline. It is the 17th straight month of decline and he longest period of fall on record. In March, cost decreased further for housing & utilities and transport while prices of food increased at a faster pace than in a month earlier.
Published on 2016-04-25

Singapore Consumer Prices Fall for 16th Month
Singapore consumer prices dropped by 0.8 percent year-on-year in February of 2016, following a 0.6 percent fall in the preceding month and in line with market consensus. It is the 16th straight month of decline, as cost decreased further for housing & utilities and transport while prices of food increased at a faster pace than in a month earlier.
Published on 2016-03-23

Singapore Consumer Prices Drop for 15th Month
Singapore consumer prices fell by 0.6 percent year-on-year in January of 2016, the same pace as in the preceding month and missing market consensus. It is the 15th straight month of fall, as cost declined further for housing & utilities and transport while prices of food rose at a faster pace than in a month earlier.
Published on 2016-02-23

Singapore Consumer Prices Drop for 14th Month
Singapore consumer prices fell by 0.6 percent year-on-year in December of 2015, following a 0.8 percent decline in the preceding month. It is the 14th straight month of fall but slightly above market consensus, mainly due to a decline in cost of housing & utilities and transport while prices of food rose less than a month earlier.
Published on 2016-01-25

Singapore Consumer Prices Fall for 13th Straight Month
Singapore consumer prices dropped by 0.8 percent year-on-year in November of 2015, the same pace as in the preceding month but below market consensus. It is the 13th consecutive month of a decline, due to a slowdown in prices of of food while cost of housing, utilities and transport declined slightly less.
Published on 2015-12-23

Singapore Deflation Deepens in October
Singapore consumer prices dropped 0.8 percent year-on-year in October of 2015 from a 0.6 percent decline in the previous month and missing market consensus. A faster decline in cost of housing & utilities offset a slower drop in cost of transport while prices of food remained steady. Yet, core inflation rose 0.3 percent year-on-year, following a 0.6 percent rise in September.
Published on 2015-11-23

Singapore Deflation Slows; Core Inflation at 6-Month High
Singapore consumer prices dropped 0.6 percent year-on-year in September of 2015 from a 0.8 percent decline in the previous month and above market consensus. It is the biggest year-on-year fall since late 2009, mainly due to a decline in cost of housing & utilities and transport while cost of food slowed. Yet, core inflation accelerated the most since March.
Published on 2015-10-23

Singapore Deflation Deepens in August
Singapore consumer prices dropped 0.8 percent year-on-year in August of 2015 from a 0.4 percent decline in the previous month and missing market consensus. It is the biggest year-on-year fall since late 2009, mainly due to a decline in cost of housing & utilities, household durables & services and transport while cost of food was steady.
Published on 2015-09-23

Singapore Deflation Worsens in July
Singapore consumer prices dropped 0.4 percent year-on-year in July of 2015 from a 0.3 percent decline in the previous month and missing market consensus. It is the longest slide since 2009, mainly due to a decline in cost of housing & utilities and household durables & services while cost of food and transport eased.
Published on 2015-08-24

Singapore Deflation Slows in June
Singapore consumer prices dropped 0.3 percent year-on-year in June of 2015 from a 0.4 percent decline in the previous month and matching market consensus. It is the longest slide since 2009, mainly due to a decline in cost of housing & utilities and household durables & services while cost of food increased.
Published on 2015-07-23

Singapore Deflation Eases in May
Singapore consumer prices dropped 0.4 percent year-on-year in May of 2015 from a 0.5 percent decline in the previous month and above market forecasts. It is the longest slide since 2009, mainly due to a decline in cost of housing & utilities and household durables & services.
Published on 2015-06-23

Singapore Deflation Worsens in April
Singapore consumer prices dropped 0.5 percent year-on-year in April of 2015 from a 0.3 percent decline in the previous month and missing market forecasts. It is the longest slide since 2009, mainly due to a decline in cost of housing & utilities and transport.
Published on 2015-05-25

Singapore Posts Deflation for the Fifth Straight Month
Singapore consumer prices dropped 0.3 percent year-on-year in March of 2015, the same pace as in the previous month and missing market forecasts. It is the longest slide since 2009, mainly due to a fall in cost of transport and housing & utilities.
Published on 2015-04-23

Singapore Reports Deflation for the Fourth Straight Month
Singapore consumer prices dropped 0.3 percent year-on-year in February of 2015, following a 0.4 percent decline in the previous month and matching market forecasts. It is the longest slide since 2009, mainly due to a fall in cost of transport and housing & utilities.
Published on 2015-03-23

Singapore Deflation Above Forecasts in January
Singapore consumer prices dropped 0.4 percent year-on-year in January of 2015, following a 0.2 percent decline in the previous month. It is the third consecutive fall since 2009, mainly due to a drop in cost of transport, housing and clothing and footwear.
Published on 2015-02-23

Singapore Reports Deflation For the Second Consecutive Month
Singapore annual consumer prices decreased by 0.2 percent in December of 2014, following a 0.3 percent drop in the previous month. It is the second consecutive decline since November 2009, as cost of transport, housing and clothing and footwear declined.
Published on 2015-01-23

Singapore Reports Deflation For The First Time in 5-Years
Singapore consumer prices decreased 0.3 percent in November of 2014, following a 0.1 percent increase in the previous month. It is the first drop since December of 2009 as transport and accommodation cost declined.
Published on 2014-12-23

Singapore Inflation Rate Slows to Nearly 5-Year-Low in October
Singapore’s annual inflation rate eased to 0.1 percent in October of 2014 from 0.6 percent in September, mainly due to decline in transportation and accomodation cost. It is the lowest rate since January of 2010.
Published on 2014-11-24

Singapore Inflation Slows Further in September
Singapore’s annual inflation rate eased to 0.6 percent in September of 2014, down further from 0.9 percent in August, due to a smaller increase in services cost and a decline in accommodation cost.
Published on 2014-10-23

Singapore Inflation Continues to Slow in August
Singapore’s annual inflation rate eased to 0.9 percent in August of 2014 from 1.2 percent in July, mainly reflecting a sharper decline in private road transport cost and a more moderate increase in services fees.
Published on 2014-09-23

Singapore Inflation Rate Eases Further in July
Singapore’s annual inflation rate eased to 1.2 percent in July of 2014 from 1.8 percent in June, mainly due to lower private road transport costs, and below market forecasts.
Published on 2014-08-25

Singapore Inflation Rate Slows to 1.8% in June
Singapore’s annual inflation rate eased to 1.8 percent in June of 2014 from 2.7 percent in May mainly due to a more moderate increase in car prices. Cost of other major categories, except food, were also slightly lower in the month.
Published on 2014-07-23

Singapore Inflation Rate Accelerates Further In May
Singapore’s annual inflation rate picked up to 2.7 percent in May of 2014 from 2.5 percent in April due to base effect associated with the fluctuations in COE (certificate of entitlement) premiums. Price increases for all other major categories moderated slightly during the month.
Published on 2014-06-23

Singapore Inflation Rate Accelerates in April
Singapore’s annual inflation rate came in at 2.5 percent in April of 2014 from 1.2 percent in March, mainly driven by a rise in car prices due to the low base in 2013. All other major categories, except accommodation, also experienced slightly stronger price increases during the month.
Published on 2014-05-23

Singapore Inflation Rate Edges Up in March
Annual consumer prices rose 1.2 percent in March of 2014, up from a 0.4 percent increase in February, mainly due to a smaller fall in car prices. Contributions from all other major categories, except accommodation, were also slightly higher.
Published on 2014-04-23

Singapore Inflation Rate Slows to 4-Year Low
In February of 2014, Singapore’s annual inflation rate slowed sharply to 0.4 percent, the lowest level since January of 2010, due to a sharp drop in car prices which largely reflected a higher base in February last year.
Published on 2014-03-24

Singapore Inflation Rate Decelerates in January
In January of 2014, Singapore’s annual inflation rate inched down to 1.4 percent from 1.5 percent in December last year, due to a more moderate increase in accommodation cost and a larger decline in private road transport cost. On a monthly basis, prices rose 0.1 percent.
Published on 2014-02-24

Singapore Inflation Rate Slows to 8-Month Low in December
In December of 2013, Singapore annual inflation rate fell to 1.5 percent from 2.6 percent in the preceding month, mainly reflecting the decline in private road transport cost.
Published on 2014-01-23

Singapore Inflation Rate Accelerates to 2.6% in November
In November of 2013, Singapore's annual inflation rate edged up to 2.6 percent from 2 percetn in October. This increase largely reflected higher accommodation cost, which accounted for around half of the 0. 6 percent pickup in overall inflation. Price increases in all the other major CPI categories also inched up slightly in part due to the low base last year.
Published on 2013-12-23

Singapore Inflation Rate Up to 2% in October
In October of 2013, Singapore's annual inflation rate edged up to 2 percent, from 1.6 percent in September, mainly due to higher private road transport cost. On a monthly basis, prices increased 0.2 percent, up from 0.1 percent recorded in the previous month.
Published on 2013-11-25

Singapore Inflation Rate Slows to 1.6% in September
In September of 2013, Singaporean annual inflation rate slowed to 1.6 percent, from 2 percent in August, due to a fall in private road transport cost.
Published on 2013-10-23

Singapore's Annual Inflation Rate Edges Up to 2% in August
In August of 2013, Singaporean annual inflation rate accelerated to 2 percent, from 1.9 percent in July due to stronger increases in the cost of accommodation, services and food which was partly offset by a smaller gain in private road transport cost.
Published on 2013-09-23

Singapore Inflation Rate Up to 1.9% in July
In July of 2013, Singaporean annual inflation rate rose for the fourth month in a row to 1.9 percent from 1.8 percent in June, largely due to an increase in private road transport cost after two consecutive months of decline.
Published on 2013-08-23

Singapore Inflation Rate Accelerates to 1.8% in June
In Singapore, annual inflation rate rose to 1.8 percent in June compared to 1.6 percent in May, mainly due to rise in petrol pump prices and increase in cost of medical insurance and holiday travel.
Published on 2013-07-23

Singapore Inflation Rate Slightly Up to 1.6% in May
In Singapore, the inflation rate rose to 1.6 percent in May from 1.5 percent in April. The decline in car prices was more than offset by higher contributions from all other major categories.
Published on 2013-06-24

Singapore Inflation Rate Down to 3-Year Low
In April of 2013, the year-on-year inflation rate eased to 1.5 percent, the lowest level in more than three years, mainly due to tightened restrictions on vehicle and property purchases.
Published on 2013-05-23

Singapore Inflation Rate Down to 3.5% in March
In March of 2013, Singapore's year-on-year inflation rate eased to 3.5 percent from 4.9 percent in February. This was due to smaller price increases across all major categories in the CPI, with private road transport cost accounting for the bulk of the moderation.
Published on 2013-04-23

Singapore Inflation Rate Up to 4.9 Percent in February
In February, Singapore's inflation rate rose to 4.9 percent in February from 3.6 percent in January 2013. This temporary pickup is largely attributed to the more significant increase in private road transport cost. Food and services inflation were also stronger during the month.
Published on 2013-03-25

Singapore Inflation Rate Down to 3.6 Percent in January
CPI-All Items inflation eased to 3.6 percent in January from 4.3 percent in December 2012. While private road transport cost rose more sharply, the contributions of all other major categories were lower, partly because of base effects.
Published on 2013-02-25

Singapore Inflation Accelerates in December
Singapore's Consumer Price Index increased 4.3 percent over the last 12 months, compared to a 3.6 percent annual increase in November
Published on 2013-01-23

Singapore Inflation Rate Down to 3.6 Percent in November
CPI-All Items inflation moderated to 3.6 percent in November from 4.0 percent in October 2012, reflecting more moderate price increases across most major categories in the CPI basket.
Published on 2012-12-26

Singapore Annualized Inflation Rate Down to 4.0 Percent in October
CPI-All Items inflation eased to 4.0 percent in October from 4.7 percent in September 2012. This was largely due to smaller increases in the costs of private road transport and accommodation.
Published on 2012-12-14