Import prices in Singapore climbed 11.1% year-on-year in March 2026, marking the first growth since December 2023, and following a downwardly revised 1.3% fall in February. The oil and non-oil indices rose by 41.5% and 2.3%, respectively. Within the non-oil category, growth was primarily driven by the machinery & transport equipment index, reflecting higher prices of electrical machinery and apparatus. Additional gains came from the miscellaneous manufactured articles, manufactured goods, and crude materials indices. These increases were partly offset by declines in the chemicals & chemical products, food & live animals, beverages & tobacco, and animal & vegetable oils indices. source: Statistics Singapore
Import Prices YoY in Singapore averaged 0.50 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 May of 2026.
Import Prices YoY in Singapore is expected to be 9.00 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.