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Oct 23, 2024 · Historical inflation rates from 1962 to 2024 for Singapore.
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).
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 from The World Bank: Data. Free and open access to global development data. Data. This page in: English; ... Inflation, consumer prices (annual %) - Singapore. International Monetary Fund, International Financial Statistics and data files.
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%.
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.
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.
Dec 19, 2022 · 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%.
Oct 23, 2024 · The Consumer Price Index for Singapore is 117.123 for the month of September 2024. The inflation rate year over year is 1.952% (compared to 2.210% for the previous month). Inflation from August 2024 to September 2024 was 0.252%.