The Domestic Supply Price Index in Singapore fell 0.4 percent from a year earlier in December 2018, compared to a 5.1 percent gain in the previous month. It was the first decline in producer prices since February last year, as oil prices dropped (-2.1 pct vs 16 pct in November). In addition, prices of non-oil sectors rose less than in a month earlier (0.2 pct vs 0.9 pct). Among the non-oil sub-indices, prices increased at a softer pace for chemicals & chemical products (1.7 pct vs 5.0 pct); manufactured goods (2.2 pct vs 2.3 pct); beverages & tobacco (2.0 pct vs 2.1 pct). Also, prices continued to decline for machinery & transport equipment (-0.6 pct vs -0.1 pct); food & live animals (-0.3 pct vs -0.4 pct); and animal & vegetable oils (-15.3 pct vs -18.2 pct). On the other hand, prices rebounded for miscellaneous manufactured articles (0.6 pct vs -0.1 pct) while prices inflation was steady for crude materials (at 0.2 pct). Producer Prices Change in Singapore averaged 0.78 percent from 1975 until 2018, reaching an all time high of 29.27 percent in March of 1980 and a record low of -22.20 percent in July of 2009.

Producer Prices Change in Singapore is expected to be 13.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Singapore to stand at 7.00 in 12 months time. In the long-term, the Singapore Producer Prices Change is projected to trend around 11.50 percent in 2020, according to our econometric models.

Singapore Producer Prices Change
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Calendar GMT Actual Previous Consensus TEForecast
2018-10-29 05:00 AM PPI YoY 12.1% 12.8% 12.5%
2018-11-29 05:00 AM PPI YoY 12.4% 12.1% 14.2%
2018-12-28 05:00 AM PPI YoY 5.1% 12.7% 13.9%
2019-01-29 05:00 AM PPI YoY -0.4% 5.1% 4.9%
2019-02-28 05:00 AM PPI YoY -0.4% 0.6%
2019-03-29 05:00 AM PPI YoY
2019-04-29 05:00 AM PPI YoY 10.4%


Singapore Prices Last Previous Highest Lowest Unit
Inflation Rate 0.50 0.30 34.00 -3.10 percent [+]
Inflation Rate Mom 0.10 0.20 4.74 -1.87 percent [+]
Consumer Price Index CPI 100.20 100.10 100.30 24.17 Index Points [+]
Core Consumer Prices 105.30 105.00 105.30 63.85 Index Points [+]
Core Inflation Rate 1.90 1.70 3.50 -1.40 percent [+]
GDP Deflator 111.74 109.71 111.74 46.64 Index Points [+]
Producer Prices 80.60 85.20 114.45 65.46 Index Points [+]
Export Prices 86.70 90.00 213.89 81.70 Index Points [+]
Import Prices 83.40 87.30 123.84 73.71 Index Points [+]
Food Inflation 1.40 1.40 15.62 -7.71 percent [+]
Producer Prices Change -0.40 5.10 29.27 -22.20 percent [+]
CPI Housing Utilities 89.50 89.60 101.14 23.39 Index Points [+]
CPI Transportation 97.10 97.30 107.06 20.22 Index Points [+]


Singapore Producer Prices Change

In Singapore, producer prices refer to year over year change in domestic supply price index. The index is designed to measure the changes in the price level of goods manufactured locally or imported which are retained for a use in the domestic economy. This page provides - Singapore Producer Prices Change- actual values, historical data, forecast, chart, statistics, economic calendar and news. Singapore Producer Prices Change - actual data, historical chart and calendar of releases - was last updated on February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-0.40 5.10 29.27 -22.20 1975 - 2018 percent Monthly
2012 = 100, NSA




Country Last Previous
Argentina 75.50 Dec/18
Australia 2.00 Dec/18
Brazil 8.80 Dec/18
Canada 2.20 Dec/18
China 0.10 Jan/19
Euro Area 3.00 Dec/18
France 1.20 Dec/18
Germany 2.60 Jan/19
India 2.76 Jan/19
Indonesia 3.19 Jan/19
Italy 4.10 Dec/18
Japan 0.60 Jan/19
Mexico 4.97 Jan/19
Netherlands 0.58 Dec/18
Russia 9.50 Jan/19
Saudi Arabia 15.70 Dec/18
Singapore -0.40 Dec/18
South Africa 5.20 Dec/18
South Korea 0.20 Jan/19
Spain 1.60 Dec/18
Switzerland -0.50 Jan/19
Turkey 32.93 Jan/19
United Kingdom 2.10 Jan/19
United States 2.00 Jan/19


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