Import prices in Singapore fell 3.7% year-on-year in January 2026, hitting a five-month low after a 3.3% decline in December. Prices dropped further for food and live animals (-2.8% vs -0.5% in December), mineral fuels, lubricants and related materials (-17% vs -12.4%), and chemicals and chemical products (-4.7% vs -4.1%). At the same time, costs eased for beverages and tobacco (1.1% vs 7.6%) and crude materials (9% vs 9.6%). source: Statistics Singapore
Import Prices YoY in Singapore averaged 0.49 percent from 1975 until 2026, reaching an all time high of 26.90 percent in May of 2022 and a record low of -17.40 percent in January of 2015. This page includes a chart with historical data for Singapore Import Prices YoY. Singapore Import Prices YoY - data, historical chart, forecasts and calendar of releases - was last updated on March of 2026.
Import Prices YoY in Singapore is expected to be 0.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Singapore Import Prices YoY is projected to trend around 2.00 percent in 2027, according to our econometric models.