The Domestic Supply Price Index in Singapore declined 6.0 percent from a year earlier in July 2019, compared to an upwardly revised 5.5 percent drop in the previous month. This was the third straight decrease in producer prices and the steepest decline since August 2016, as non-oil prices fell faster (-4.5% vs -3.3% in July) while mineral fuels prices continued to decrease (-9.8% vs -11.1%). Among the non-oil sub-indices, prices dropped further for machinery & transport equipment (-5.3% vs -3.8%); crude materials excluded fuels (-4.6% vs -3.5%), animal and vegetables oils (-13.1% vs -12.9%), and chemicals & chemical products (-8.5 vs -7.2%). In addition, prices went up softer for: manufactured goods (0.3% vs 0.9%); and miscellaneous and manufactured articles (0.7% vs 0.9%). Meantime, prices continued to increase for both food & live animals (1.7% vs 1.5%) and beverages and tobacco (2.3% vs 1.8%). Producer Prices Change in Singapore averaged 0.77 percent from 1975 until 2019, 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 -4.00 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 1.90 in 12 months time. In the long-term, the Singapore Producer Prices Change is projected to trend around 2.50 percent in 2020, according to our econometric models.

Singapore Producer Prices Change
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Calendar GMT Actual Previous Consensus TEForecast
2019-05-29 05:00 AM PPI YoY Apr 0.4% 3.7% 3%
2019-06-28 05:00 AM PPI YoY May -2.5% 0.6% -0.7%
2019-07-29 05:00 AM PPI YoY Jun -5.2% -2.5% -2%
2019-08-29 05:00 AM PPI YoY Jul -6.0% -5.5% -4.6%
2019-09-27 05:00 AM PPI YoY Aug -6.0% -5%
2019-10-29 05:00 AM PPI YoY Sep -4%
2019-11-29 05:00 AM PPI YoY Oct -3.5%


Singapore Prices Last Previous Highest Lowest Unit
Inflation Rate 0.40 0.60 34.00 -3.10 percent [+]
Inflation Rate Mom -0.40 -0.20 4.74 -1.87 percent [+]
Consumer Price Index CPI 100.20 100.60 100.80 24.17 Index Points [+]
Core Consumer Prices 104.60 104.60 104.80 63.85 Index Points [+]
Core Inflation Rate 0.80 1.20 3.50 -1.40 percent [+]
GDP Deflator 105.11 106.13 107.55 43.49 Index Points [+]
Producer Prices 96.80 95.80 135.53 77.52 Index Points [+]
Export Prices 99.29 98.13 240.64 91.87 Index Points [+]
Import Prices 100.12 99.21 142.72 84.94 Index Points [+]
Food Inflation 1.40 1.40 15.62 -7.71 percent [+]
Producer Prices Change -6.00 -5.50 29.27 -22.20 percent [+]
CPI Housing Utilities 87.10 88.40 101.14 23.39 Index Points [+]
CPI Transportation 98.70 98.90 107.06 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 September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-6.00 -5.50 29.27 -22.20 1975 - 2019 percent Monthly
2012 = 100, NSA




Country Last Previous
Argentina 52.40 Jul/19
Australia 2.00 Jun/19
Brazil 4.50 Aug/19
Canada -1.70 Jul/19
China -0.80 Aug/19
Euro Area 0.20 Jul/19
France 0.00 Jul/19
Germany 1.10 Jul/19
India 1.08 Aug/19
Indonesia 0.90 Aug/19
Italy -0.50 Jul/19
Japan -0.90 Aug/19
Mexico 3.38 Jul/19
Netherlands 0.19 Jul/19
Russia 0.30 Aug/19
Saudi Arabia 2.70 Jul/19
Singapore -6.00 Jul/19
South Africa 4.90 Jul/19
South Korea -0.30 Jul/19
Spain -0.80 Jul/19
Switzerland -1.90 Aug/19
Turkey 13.45 Aug/19
United Kingdom 1.60 Aug/19
United States 1.80 Aug/19


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