Singapore’s domestic supply price index surged by 38.8% year-on-year in August 2026, marking the fastest rise on record and accelerating from an upwardly revised 33.6% gain in the previous month. The increase was driven mainly by higher prices for mineral fuels, lubricants and related materials (57.4% vs 46.8% in July), machinery and transport equipment (47.7% vs 42.3%), and chemicals and chemical products (13.8% vs 11.3%). Costs also rose faster for crude materials (20.2% vs 19.4%) and beverages and tobacco (4.5% vs 4.0%). Meanwhile, the non-oil domestic supply price index climbed to 33.0% from 29.3%. In contrast, food and live animals fell 1.4%, slightly deeper than the 1.2% decline in July. Producer inflation also softened for manufactured goods (4.9% vs 5.0%) and animal and vegetable oils, fats and waxes (4.2% vs 4.9%). On a monthly basis, the domestic supply price index rose by 4.1% in August, following an upwardly revised 2.4% gain in the preceding period. source: Statistics Singapore

Producer Prices in Singapore increased 38.80 percent in August of 2026 over the same month in the previous year. Producer Prices Change in Singapore averaged 1.32 percent from 1975 until 2026, reaching an all time high of 38.80 percent in August of 2026 and a record low of -22.20 percent in July of 2009. This page provides - Singapore Producer Prices Change- actual values, historical data, forecast, chart, statistics, economic calendar and news. Singapore Domestic Supply Price Index YoY - data, historical chart, forecasts and calendar of releases - was last updated on October of 2026.

Producer Prices in Singapore increased 38.80 percent in August of 2026 over the same month in the previous year. Producer Prices Change in Singapore is expected to be 25.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Singapore Domestic Supply Price Index YoY is projected to trend around 2.00 percent in 2027 and 4.00 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-08-28 03:30 AM
PPI YoY
Jul 33.4% 29.8% 28.5%
2026-09-29 03:30 AM
PPI YoY
Aug 38.8% 33.6% 35.0%
2026-10-29 03:30 AM
PPI YoY
Sep 38.8% 25%


Related Last Previous Unit Reference
CPI 103.33 102.70 points Aug 2026
Core Consumer Prices 102.74 102.46 points Aug 2026
CPI Housing Utilities 102.74 101.10 points Aug 2026
CPI Transportation 110.30 109.80 points Aug 2026
Export Prices 103.47 101.57 points Aug 2026
Food Inflation 2.30 2.20 percent Aug 2026
GDP Deflator 139.40 134.90 points Jun 2026
Import Prices 105.55 103.88 points Aug 2026
Inflation Rate YoY 2.30 2.20 percent Aug 2026
Inflation Rate MoM 0.60 -0.20 percent Aug 2026
Domestic Supply Price Index 135.32 129.99 points Aug 2026
Domestic Supply Price Index YoY 38.80 33.60 percent Aug 2026


Singapore Domestic Supply Price Index YoY
In Singapore, Domestic Supply Price Index measures the change in prices of imported and locally manufactured product retained for use in the economy.
Actual Previous Highest Lowest Dates Unit Frequency
38.80 33.60 38.80 -22.20 1975 - 2026 percent Monthly
2023=100, NSA

News Stream
Singapore Producer Inflation Hits All-Time High
Singapore’s domestic supply price index surged by 38.8% year-on-year in August 2026, marking the fastest rise on record and accelerating from an upwardly revised 33.6% gain in the previous month. The increase was driven mainly by higher prices for mineral fuels, lubricants and related materials (57.4% vs 46.8% in July), machinery and transport equipment (47.7% vs 42.3%), and chemicals and chemical products (13.8% vs 11.3%). Costs also rose faster for crude materials (20.2% vs 19.4%) and beverages and tobacco (4.5% vs 4.0%). Meanwhile, the non-oil domestic supply price index climbed to 33.0% from 29.3%. In contrast, food and live animals fell 1.4%, slightly deeper than the 1.2% decline in July. Producer inflation also softened for manufactured goods (4.9% vs 5.0%) and animal and vegetable oils, fats and waxes (4.2% vs 4.9%). On a monthly basis, the domestic supply price index rose by 4.1% in August, following an upwardly revised 2.4% gain in the preceding period.
2026-09-29
Singapore Producer Inflation Accelerates in July
Singapore’s domestic supply price index climbed 33.4% year-on-year in July 2026, accelerating from a downwardly revised 29.8% increase in the previous month. The increase was mainly driven by higher prices for mineral fuels, lubricants and related materials (46.4% vs 44.3%), machinery and transport equipment (42.3% vs 35.1%), and manufactured goods (5.0% vs 5.8%). The non-oil domestic supply price index also rose to 29.3% from 25.2%. On the other hand, price growth eased for chemicals and chemical products (11.1% vs 13.4%) and crude materials (19.4% vs 19.5%). Prices for food and live animals fell 1.2%, narrowing from a 1.8% decline in June. On a monthly basis, the domestic supply price index rose by 2.3% in July, rebounding from an upwardly revised 3% drop in the preceding period.
2026-08-28
Singapore Producer Inflation Slows in June
Singapore’s domestic supply price index climbed 30.3% year-on-year in June 2026, slowing from a downwardly revised 34.1% jump in the previous month. The slowdown is largely driven by moderating costs for mineral fuels, lubricants and related materials (46.9% vs 76.7% in May), crude materials (13.0% vs 13.3%), and chemical and chemical products (13.4% vs 21.5%). Meanwhile, price growth increased for machinery and transport equipment (35.1% vs 27.5%) and manufactured goods (5.7% vs 5.4%). On the other hand, prices declined for food and live animals, down 1.9% after a 2.5% drop in the prior month. On a monthly basis, the domestic supply price index fell 2.5% in June, marking its second monthly decline of the year and a steeper decrease than the 2.0% drop recorded in the last month.
2026-07-29