Import prices in Singapore rose 13.6% year-on-year in June 2026, slowing from a downwardly revised 18.5% increase in May. Price growth eased for crude materials excluding fuels (13.7% vs 15.5% in May) and mineral fuels, lubricants and related materials (48.0% vs 76.1%). At the same time, prices for beverages and tobacco declined (-0.1% vs 0.5%). Meanwhile, price growth accelerated for animal and vegetable oils, fats and waxes (4.9% vs 3.1%), chemicals and chemical products (4.7% vs 2.7%), manufactured goods (8.2% vs 7.5%), machinery and transport equipment (3.9% vs 3.6%), and miscellaneous manufactured articles (7.4% vs 7.3%), while the decline in food and live animals moderated (-3.9% vs -5.1%). source: Statistics Singapore
Import Prices YoY in Singapore averaged 0.59 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 July of 2026.
Import Prices YoY in Singapore is expected to be 16.00 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.