Import prices in Singapore rose 13.5% year-on-year in July 2026, following a downwardly revised 13.1% increase in June. Prices grew faster for mineral fuels, lubricants and related materials (45.5% vs 45.1% in June), chemicals and chemical products (5.5% vs 4.7%), and machinery and transport equipment (4.5% vs 3.9%). At the same time, the decline in prices of food and live animals moderated (-2.5% vs -3.8%), while it remained steady for animal and vegetable oils, fats and waxes (at 4.9%) and manufactured goods (at 8.4%). On the other hand, price growth slowed for crude materials excluding fuels (19.4% vs 20.5%) and miscellaneous manufactured articles (6.0% vs 7.2%), while beverages and tobacco continued to fall (-0.7% vs -0.1%). source: Statistics Singapore
Import Prices YoY in Singapore averaged 0.61 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 September 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.