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.