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Sep 23, 2024 · All inflation rates are calculated using the Singapore Consumer Price Index (CPI) series.
Singapore inflation rate for 2022 was 6.12%, a 3.82% increase from 2021. Singapore inflation rate for 2021 was 2.30%, a 2.49% increase from 2020. Singapore inflation rate for 2020 was -0.18%, a 0.75% decline from 2019. Singapore inflation rate for 2019 was 0.57%, a 0.13% increase from 2018.
Singapore Inflation Rate. Singapore’s annual inflation rate fell to 2.2% in August 2024 from 2.4% in the prior two months, matching market forecasts and notching the lowest level since April 2021, as food prices stayed at their lowest in over two years (2.7% vs 2.7% in July).
Inflation, consumer prices (annual %) - Singapore. International Monetary Fund, International Financial Statistics and data files.
The Consumer Price Index (CPI) measures the average price changes over time of a fixed basket of consumption goods and services commonly purchased by the resident households. It measures price movement (i.e., change in prices) but not absolute price level at a point in time.
main contributors to the cpi-all items inflation rate in 2023 are TRANSPORT, FOOD, HOUSING & UTILITIES AND RECREATION & CULTURE. 2023 Inflation Rate by Division
The inflation rate for consumer prices in Singapore moved over the past 62 years between -1.8% and 22.4%. For 2023, an inflation rate of 4.8% was calculated. During the observation period from 1961 to 2023, the average inflation rate was 2.6% per year. Overall, the price increase was 372.25%.
Feb 26, 2020 · Use our inflation calculator to find out how prices in Singapore have changed over time.
Jul 2, 2024 · Graph and download economic data for Inflation, consumer prices for Singapore (FPCPITOTLZGSGP) from 1961 to 2023 about Singapore, consumer, CPI, inflation, price index, indexes, and price.
Inflation Rate in Singapore averaged 2.57 percent from 1962 until 2023, reaching an all time high of 34.30 percent in March of 1974 and a record low of -3.10 percent in September of 1976. This page provides - Singapore Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
