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Oct 23, 2024 · Historical inflation rates for Singapore. Updated: October 23, 2024. Next update: November 25, 2024. Year. jan. feb. mar. apr. may.
Singapore’s annual inflation rate stood at 2.4% in July 2024, keeping unchanged for the second month while falling short of market forecasts of 2.5%. Figures remained at their lowest level since August 2021, with food prices rising the least in over 2 years (2.7% vs 2.8% in June).
Mar 11, 2024 · The yearly inflation rate in Singapore fluctuates over time. For 2023 as a whole, the CPI All-Items (or headline/overall) inflation was 4.8%, while the MAS Core Inflation was 4.2%. On a year-on-year basis in Dec 2023, headline inflation was 3.7%, while core inflation was 3.3%.
main contributors to the cpi-all items inflation rate in 2023 are TRANSPORT, FOOD, HOUSING & UTILITIES AND RECREATION & CULTURE. 2023 Inflation Rate by Division
Inflation, consumer prices (annual %) - Singapore. International Monetary Fund, International Financial Statistics and data files.
Singapore Consumer Price Index, Sep 2024. 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.
Singapore inflation rate for 2023 was 4.82%, a 1.3% decline from 2022. 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.
Feb 26, 2020 · Use our inflation calculator to find out how prices in Singapore have changed over time.
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%.
Prices and Price Indices. Statistics on the consumer, producer and international trade price indices are compiled by the Singapore Department of Statistics. Statistics on prices of construction materials are compiled by the Building and Construction Authority.