The Domestic Supply Price Index in Singapore increased 28.0 percent from a year earlier in June 2022, slowing from an upwardly revised 31.5 percent rise in the previous month, which was the most on record. It was the lowest domestic supply price inflation since March, as prices of mineral fuels rose much softer (66.6% vs 83.4%) while crude materials excluded fuel inflation was steady (at 11.3% in May). Additional upward pressures also came from prices of beverages & tobacco (9.1% vs 9.3%), machinery & transport (14.6% vs 13.7%), food & live animals (8.7% vs 9.2%), manufactured goods (9.7% vs 12.2%), miscellaneous manufactured (4.8% vs 5.2%), animal & vegetable oils (32.2% vs 33.6%), and chemicals (13.9% vs 12.9%). source: Statistics Singapore

Producer Prices Change in Singapore averaged 0.77 percent from 1975 until 2019, reaching an all time high of 29.27 percent in March of 1980 and a record low of -22.20 percent in July of 2009. This page provides - Singapore Producer Prices Change- actual values, historical data, forecast, chart, statistics, economic calendar and news. Singapore Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on August of 2022.

Producer Prices Change in Singapore is expected to be 26.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Singapore Producer Prices Change is projected to trend around 5.50 percent in 2022 and 2.50 percent in 2023, according to our econometric models.

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Singapore Producer Prices Change



Calendar GMT Actual Previous Consensus TEForecast
2022-06-29 05:00 AM May 31.4% 30.0% 29.6%
2022-07-29 05:00 AM Jun 28.0% 31.5% 32.8%
2022-08-26 05:00 AM Jul 28.0%


Related Last Previous Unit Reference
Inflation Rate 6.70 5.60 percent Jun 2022
Inflation Rate Mom 1.00 1.00 percent Jun 2022
Consumer Price Index CPI 108.70 107.61 points Jun 2022
Core Consumer Prices 106.26 104.12 points Jun 2022
GDP Deflator 112.66 107.89 points Mar 2022
Producer Prices 118.68 116.53 points Jun 2022
Export Prices 127.00 125.93 points Jun 2022
Import Prices 124.90 126.48 points Jun 2022
Food Inflation 5.40 4.50 percent Jun 2022
CPI Transportation 127.62 123.93 points Jun 2022
CPI Housing Utilities 106.60 106.16 points Jun 2022
Producer Prices Change 28.00 31.50 percent Jun 2022

Singapore Producer Prices Change
In Singapore, producer prices refer to year over year change in domestic supply price index. The index is designed to measure the changes in the price level of goods manufactured locally or imported which are retained for a use in the domestic economy.
Actual Previous Highest Lowest Dates Unit Frequency
28.00 31.50 31.50 -22.20 1975 - 2022 percent Monthly
2012 = 100, NSA

News Stream
Singapore Producer Prices Rise the Least in 3 Months
The Domestic Supply Price Index in Singapore increased 28.0 percent from a year earlier in June 2022, slowing from an upwardly revised 31.5 percent rise in the previous month, which was the most on record. It was the lowest domestic supply price inflation since March, as prices of mineral fuels rose much softer (66.6% vs 83.4%) while crude materials excluded fuel inflation was steady (at 11.3% in May). Additional upward pressures also came from prices of beverages & tobacco (9.1% vs 9.3%), machinery & transport (14.6% vs 13.7%), food & live animals (8.7% vs 9.2%), manufactured goods (9.7% vs 12.2%), miscellaneous manufactured (4.8% vs 5.2%), animal & vegetable oils (32.2% vs 33.6%), and chemicals (13.9% vs 12.9%).
2022-07-29
Singapore Producer Prices Hit New Record High
The Domestic Supply Price Index in Singapore rose by a fresh record peak of 31.4 percent from a year earlier in May 2022, after an upwardly revised 30.0 percent rise in the previous month. Prices of both mineral fuels (83.4% vs 83.0%) and crude materials excluded fuels (11.3% vs 9.4% in April) increased faster, amid soaring commodity prices. Additional upward pressures also came from prices of beverages & tobacco (9.3% vs 8.8%), machinery & transport (13.6% vs 11.1%), food & live animals (9.0% vs 8.3%), manufactured goods (12.2% vs 13.0%), miscellaneous manufactured (5.0% vs 5.3%), animal & vegetable oils (33.5% vs 36.1%), and chemicals (12.2% vs 13.4%).
2022-06-29
Singapore Producer Inflation Hits Record High
The Domestic Supply Price Index in Singapore jumped by a record high of 29.5 percent from a year earlier in April 2022, after a 27.6 percent gain in the previous month. Prices of both mineral fuels (81.8% vs 72.7%) and crude materials excluded fuels (9.4% vs 8.6% in March) rose faster, amid surging commodity prices. Additional upward pressures also came from prices of beverages & tobacco (8.0% vs 6.8%), machinery & transport (10.9% vs 10.7%), food & live animals (8.1% vs 7.0%), manufactured goods (12.5% vs 12.8%), miscellaneous manufactured (5.1% vs 5.4%), animal & vegetable oils (35.0% vs 35.9%), and chemicals (13.2% vs 15.3%).
2022-05-27