Inflation Rate in Singapore increased to 1.20 percent in October from 0.70 percent in September of 2025. This dataset provides - Singapore Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2024, the average consumer price inflation rate in Singapore amounted to about 2.39 percent compared to the previous year. 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.

The Consumer Price Index in Singapore decreased 0 percent in October of 2025 over the previous month. This dataset provides - Singapore Inflation Rate Mom - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

Core consumer prices in Singapore increased 1.20 percent in October 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.

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

Monthly dataset of the Singapore Inflation Rate MoM, including historical data, latest releases, and long-term trends from 1961-02-28 to 2025-10-31. Available for free download in CSV format.

Cost of food in Singapore increased 1.20 percent in October 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 1.49 percent. That number was released in . It shows an increase from the inflation rate in the previous month when it stood at 1.27 percent. Compared to a year ago, we see an increase from the...

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;

Actual value and historical data chart for Singapore Inflation Consumer Prices Annual Percent

Singapore MAS Core Inflation: YoY (2024=100) data was reported at 0.500 % in Mar 2025. This records a decrease from the previous number of 0.600 % for Feb 2025. Singapore MAS Core Inflation: YoY (2024=100) data is updated monthly, averaging 1.700 % from Jan 1991 (Median) to Mar 2025, with 411 observations. The data reached an all-time high of 6.600 % in Jun 2008 and a record low of -1.400 % in Dec 2009. Singapore MAS Core Inflation: YoY (2024=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.

Monthly dataset of the Singapore Core Inflation Rate, including historical data, latest releases, and long-term trends from 1990-01-31 to 2025-10-31. Available for free download in CSV format.

Inflation, monthly percent change in the CPI in Singapore, October, 2025 The most recent value is 0 percent as of October 2025, a decline compared to the previous value of 0.3 percent. Historically, the average for Singapore from February 1961 to October 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

Inflation is generally defined as the continued increase in the average prices of goods and services in a given region. Following the extremely high global inflation experienced in the 1980s and 1990s, global inflation has been relatively stable since the turn of the millennium, usually hovering between three and five percent per year. There was a sharp increase in 2008 due to the global financial crisis now known as the Great Recession, but inflation was fairly stable throughout the 2010s, before the current inflation crisis began in 2021. Recent years Despite the economic impact of the coronavirus pandemic, the global inflation rate fell to 3.26 percent in the pandemic's first year, before rising to 4.66 percent in 2021. This increase came as the impact of supply chain delays began to take more of an effect on consumer prices, before the Russia-Ukraine war exacerbated this further. A series of compounding issues such as rising energy and food prices, fiscal instability in the wake of the pandemic, and consumer insecurity have created a new global recession, and global inflation in 2024 is estimated to have reached 5.76 percent. This is the highest annual increase in inflation since 1996. Venezuela Venezuela is the country with the highest individual inflation rate in the world, forecast at around 200 percent in 2022. While this is figure is over 100 times larger than the global average in most years, it actually marks a decrease in Venezuela's inflation rate, which had peaked at over 65,000 percent in 2018. Between 2016 and 2021, Venezuela experienced hyperinflation due to the government's excessive spending and printing of money in an attempt to curve its already-high inflation rate, and the wave of migrants that left the country resulted in one of the largest refugee crises in recent years. In addition to its economic problems, political instability and foreign sanctions pose further long-term problems for Venezuela. While hyperinflation may be coming to an end, it remains to be seen how much of an impact this will have on the economy, how living standards will change, and how many refugees may return in the coming years.

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 2.23 percent. It's latest available value, on 12/31/2024, is 0.159 higher, compared to it's long term average value.The Serie's change from it's minimum value, on 12/31/2016, to it's latest available value, on 12/31/2024, is +2.92 .The Serie's change in percentage points from it's maximum value, on 12/31/2008, to it's latest available value, on 12/31/2024, is -4.25.

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.

View yearly updates and historical trends for Singapore Inflation. Source: World Bank. Track economic data with YCharts analytics.

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.

Actual value and historical data chart for Singapore Inflation GDP Deflator Annual Percent