Import prices in Singapore declined 3.3% year-on-year in December 2025, marking a four-month low, following a downwardly revised 1.0% drop in the previous month. Prices slipped for food and live animals (-0.5% vs 0.7% in November), while costs fell further for mineral fuels, lubricants, and related materials (-12.4% vs -6.0%), chemicals and chemical products (-4.1% vs -3.3%), and machinery and transport equipment (-2.2% vs -0.6%). At the same time, costs moderated for animal and vegetable oils, fats, and waxes (0.7% vs 6.6%). source: Statistics Singapore
Import Prices YoY in Singapore averaged 0.50 percent from 1975 until 2025, 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 February 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.