Import prices in Singapore climbed 19.1% year-on-year in May 2026, marking the highest growth since June 2022 and following an upwardly revised 18.9% increase in April. Prices accelerated in crude materials excluding fuels (15.3% vs 13.8% in April), mineral fuels, lubricants and related materials (76.9% vs 75.1%), animal and vegetable oils, fats and waxes (3.1% vs 0.7%), chemicals and chemical products (3.0% vs 0.7%), manufactured goods (7.4% vs 5.3%), machinery and transport equipment (4.5% vs 3.9%), and miscellaneous manufactured articles (7.4% vs 7.3%). At the same time, prices for beverages and tobacco rebounded (0.2% vs -1.4%), while the decline in prices for food and live animals eased (-5.2% vs -6.0%). source: Statistics Singapore
Import Prices YoY in Singapore averaged 0.57 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 21.00 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.