Inflation Rate in Singapore decreased to 0.60 percent in July from 0.80 percent in June of 2025. This dataset provides - Singapore Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2019, the average inflation rate in Singapore amounted to about 0.57 percent compared to the previous year, and it seemed to recover from sliding into the red throughout 2015 and 2016. For 2030, Singapore’s inflation is expected to level off at around 1.97 percent. Singapore’s economy in shortSingapore is a prospering, highly developed economy, relying heavily on its role as an intermediary port for transport and storage of goods and merchandise. The lion’s share of its GDP is generated by the services sector, mainly by financial services, oil-refining, and manufacturing. Tourism is also an important contributor. It is one of the leading economies in Asia with one of the highest GDPs in the ASEAN region. The great slump of 2015 to 2016As dramatic as it looks, there was no definite reason for Singapore’s inflation rate to drop below zero in 2015 and 2016. A slump in economic growth and oil prices, as well as a low consumer price index were most likely responsible for inflation taking a hit in those years. Singapore has since recovered and continues its success story as one of the leading economies in the East.

Core consumer prices in Singapore increased 0.50 percent in July of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Singapore Core Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Cost of food in Singapore increased 1 percent in June of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Singapore Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The latest inflation rate, i.e. the percent change in the CPI from a year ago to now, in Singapore was 1.31 percent. That number was released in . It shows a decrease from the inflation rate in the previous month when it stood at 1.52 percent. Compared to a year ago, we see a decrease from the...

The Consumer Price Index in Singapore decreased 0.40 percent in July of 2025 over the previous month. This dataset provides - Singapore Inflation Rate Mom - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Historical dataset showing Singapore inflation rate by year from 1961 to 2024.

Singapore: Inflation forecast: The latest value from 2030 is 1.97 percent, unchanged from 1.97 percent in 2029. In comparison, the world average is 3.65 percent, based on data from 182 countries. Historically, the average for Singapore from 1980 to 2030 is 1.98 percent. The minimum value, -1.43 percent, was reached in 1998 while the maximum of 10.35 percent was recorded in 1981.

In 2024, the menu prices from restaurants, cafes, and pubs in Singapore rose by *** percent compared to the previous year. This was the lowest inflation rate increase in the last three years.

Graph and download economic data for Inflation, consumer prices for Singapore (FPCPITOTLZGSGP) from 1961 to 2024 about Singapore, consumer, CPI, inflation, price index, indexes, and price.

Singapore MAS Core Inflation: YoY (2019=100) data was reported at 1.800 % in Dec 2024. This records a decrease from the previous number of 1.900 % for Nov 2024. Singapore MAS Core Inflation: YoY (2019=100) data is updated monthly, averaging 1.700 % from Jan 1990 (Median) to Dec 2024, with 420 observations. The data reached an all-time high of 6.500 % in Jun 2008 and a record low of -1.400 % in Dec 2009. Singapore MAS Core Inflation: YoY (2019=100) data remains active status in CEIC and is reported by Monetary Authority of Singapore. The data is categorized under Global Database’s Singapore – Table SG.I031: MAS Core Inflation.

The 'Core Inflation Rate YoY Final' in Singapore measures the year-over-year change in the prices of goods and services, excluding the volatile categories of accommodation and private road transport.

In 2024, the prices of food and beverage serving services in Singapore rose by *** percent compared to the previous year. This was the lowest inflation rate increase in the last three years.

Singapore SG: Inflation:(GDP) Gross Domestic ProductDeflator data was reported at 0.870 % in 2017. This records an increase from the previous number of -0.036 % for 2016. Singapore SG: Inflation:(GDP) Gross Domestic ProductDeflator data is updated yearly, averaging 1.471 % from Dec 1961 (Median) to 2017, with 57 observations. The data reached an all-time high of 15.904 % in 1974 and a record low of -3.899 % in 1999. Singapore SG: Inflation:(GDP) Gross Domestic ProductDeflator data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Singapore – Table SG.World Bank.WDI: Inflation. Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; Median;

This dataset provides values for INFLATION RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Time series data for the statistic Inflation_Rate and country Singapore. Indicator Definition:Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.The statistic "Inflation Rate" stands at 2.39 percent as of 12/31/2024. Regarding the One-Year-Change of the series, the current value constitutes an decrease of -2.44 compared to the value the year prior.The Serie's long term average value is 2.56 percent. It's latest available value, on 12/31/2024, is -0.174 lower, compared to it's long term average value.The Serie's change from it's minimum value, on 12/31/1976, to it's latest available value, on 12/31/2024, is +4.23 .The Serie's change in percentage points from it's maximum value, on 12/31/1974, to it's latest available value, on 12/31/2024, is -19.98.

In 2024, food prices at hawker centers rose by *** percent compared to the previous year. Hawker centers in Singapore face the challenge of offering food at budget-friendly prices in the face of rising operating costs such as higher rents and food prices.

Inflation, monthly percent change in the CPI in Singapore, July, 2025 The most recent value is -0.5 percent as of July 2025, a decline compared to the previous value of -0.1 percent. Historically, the average for Singapore from February 1961 to July 2025 is 0.21 percent. The minimum of -1.91 percent was recorded in March 1975, while the maximum of 4.76 percent was reached in July 1973. | TheGlobalEconomy.com

Singapore MAS Core Inflation Index data was reported at 110.800 2009=100 in Dec 2014. This stayed constant from the previous number of 110.800 2009=100 for Nov 2014. Singapore MAS Core Inflation Index data is updated monthly, averaging 87.439 2009=100 from Jan 1990 (Median) to Dec 2014, with 300 observations. The data reached an all-time high of 110.800 2009=100 in Dec 2014 and a record low of 71.640 2009=100 in Mar 1990. Singapore MAS Core Inflation Index data remains active status in CEIC and is reported by Monetary Authority of Singapore. The data is categorized under Global Database’s Singapore – Table SG.I017: MAS Core Inflation.

The 'Inflation Rate YoY Final' in Singapore measures the percentage change in the Consumer Price Index (CPI) compared to the same month in the previous year, providing insight into the rate at which prices for goods and services are rising.