The Domestic Supply Price Index in Singapore advanced 8.5 percent from a year earlier in October 2022, slowing from an upwardly revised 12.8 percent rise in the previous month. It was the 22nd straight month of increase in domestic supply prices, but the lowest rates since January 2020, as prices of both mineral fuels (4.3% vs 18.6%) and crude materials excluded fuel (12.6 vs 17.2%) rose softer. Additional upward pressures also came from prices of beverages & tobacco (12.0% vs 11.3%), machinery & transport (13.8% vs 12.9%), food & live animals (9.9% vs 10.3%), manufactured goods (3.7% vs 4.1%), miscellaneous manufactured (4.6% vs 4.5%), and chemicals (5.7% vs 7.4%). By contrast, prices of animal & vegetable oils dropped (-0.3% vs 7.4%). source: Statistics Singapore

Producer Prices Change in Singapore averaged 1.20 percent from 1975 until 2022, reaching an all time high of 31.50 percent in May of 2022 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 Domestic Supply Prices YoY - data, historical chart, forecasts and calendar of releases - was last updated on November of 2022.

Producer Prices Change in Singapore is expected to be 10.00 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 7.00 percent in 2023 and 2.50 percent in 2024, according to our econometric models.

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Singapore Domestic Supply Prices YoY



Calendar GMT Actual Previous Consensus TEForecast
2022-10-28 05:30 AM Sep 12.7% 17.6% 16%
2022-11-29 05:20 AM Oct 8.5% 12.8% 11%
2022-12-29 05:00 AM Nov 8.5%


Related Last Previous Unit Reference
Inflation Rate 6.70 7.50 percent Oct 2022
Inflation Rate MoM -0.40 0.40 percent Oct 2022
Consumer Price Index CPI 109.89 110.34 points Oct 2022
Core Consumer Prices 106.50 110.98 points Oct 2022
GDP Deflator 114.80 114.57 points Sep 2022
Producer Prices 118.98 119.45 points Oct 2022
Export Prices 115.91 116.62 points Oct 2022
Import Prices 114.82 115.41 points Oct 2022
Food Inflation 7.10 6.90 percent Oct 2022
Producer Prices Change 8.50 12.80 percent Oct 2022
CPI Transportation 128.46 129.30 points Oct 2022
CPI Housing Utilities 107.17 108.48 points Oct 2022

Singapore Domestic Supply Prices YoY
In Singapore, Domestic Supply Price Index measures the change in prices of imported and locally manufactured product retained for use in the economy.
Actual Previous Highest Lowest Dates Unit Frequency
8.50 12.80 31.50 -22.20 1975 - 2022 percent Monthly
2012 = 100, NSA

News Stream
Singapore Producer Inflation at Near 3-Year Low
The Domestic Supply Price Index in Singapore advanced 8.5 percent from a year earlier in October 2022, slowing from an upwardly revised 12.8 percent rise in the previous month. It was the 22nd straight month of increase in domestic supply prices, but the lowest rates since January 2020, as prices of both mineral fuels (4.3% vs 18.6%) and crude materials excluded fuel (12.6 vs 17.2%) rose softer. Additional upward pressures also came from prices of beverages & tobacco (12.0% vs 11.3%), machinery & transport (13.8% vs 12.9%), food & live animals (9.9% vs 10.3%), manufactured goods (3.7% vs 4.1%), miscellaneous manufactured (4.6% vs 4.5%), and chemicals (5.7% vs 7.4%). By contrast, prices of animal & vegetable oils dropped (-0.3% vs 7.4%).
2022-11-29
Singapore Producer Inflation Hits 1-1/2-Year Low
The Domestic Supply Price Index in Singapore climbed 12.7 percent from a year earlier in September 2022, easing from an upwardly revised 17.6 percent rise in the previous month. It was the lowest domestic supply price inflation since March 2021, as prices of mineral fuels rose softer (18.3% vs 38.3%). Meanwhile, crude materials excluded fuel continued to increase (14.8 vs 12.6%). Additional upward pressures also came from prices of beverages & tobacco (11.3% vs 10.2%), machinery & transport (12.9% vs 11.8%), food & live animals (10.3% vs 9.7%), manufactured goods (4.2% vs 5.1%), miscellaneous manufactured (4.3% vs 3.5%), animal & vegetable oils (7.1% vs 11.7%), and chemicals (7.4% vs 6.3%).
2022-10-28
Singapore Producer Prices Rise the Least in a Year
The Domestic Supply Price Index in Singapore increased 17.3 percent from a year earlier in August 2022, slowing from an upwardly revised 19.2 percent gain in the previous month. It was the lowest domestic supply price inflation since August 2021, as prices of both mineral fuels (37.6% vs 39.3%) and crude materials excluded fuel (12.6 vs 14.6%) rose softer. Additional upward pressures also came from prices of beverages & tobacco (10.2% vs 10.0%), machinery & transport (11.8% vs 13.3%), food & live animals (9.8% vs 9.7%), manufactured goods (5.6% vs 7.0%), miscellaneous manufactured (3.4% vs 4.0%), animal & vegetable oils (12.5% vs 19.2%), and chemicals (6.0% vs 8.9%).
2022-09-29