Singapore’s domestic supply price index climbed 34.2% year-on-year in May 2026 from an upwardly revised 32.1% jump in the previous month. This marked the highest reading since records began in January 1975, driven largely by sharply higher costs for mineral fuels, lubricants and related materials (77.2% vs 81.1% in April), machinery and transport equipment (27.6% vs 20.4%), and chemical and chemical products (21.5% vs 21.3%). Producer inflation also increased for crude materials excluding fuels (12.9% vs 10.3%) and miscellaneous manufactured articles (7.7% vs 7.1%). On the other hand, prices declined for food and live animals, down 2.6% after a 3.2% drop in the prior month. On a monthly basis, producer prices decreased by 1.9% in May, marking the first month of decline this year and reversing a 3.4% gain in the preceding period. source: Statistics Singapore

Producer Prices in Singapore increased 34.20 percent in May of 2026 over the same month in the previous year. Producer Prices Change in Singapore averaged 1.16 percent from 1975 until 2026, reaching an all time high of 34.20 percent in May 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 July of 2026.

Producer Prices in Singapore increased 34.20 percent in May 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
2026-05-29 03:00 AM
PPI YoY
Apr 31.6% 26.7% 24.0%
2026-06-29 03:30 AM
PPI YoY
May 34.2% 32.1% 35.0%
2026-07-29 03:30 AM
PPI YoY
Jun 34.2% 33%


Related Last Previous Unit Reference
CPI 102.81 102.05 points May 2026
Core Consumer Prices 102.06 102.07 points May 2026
CPI Housing Utilities 101.70 99.30 points May 2026
CPI Transportation 109.30 109.00 points May 2026
Export Prices 103.51 104.31 points May 2026
Food Inflation 1.80 1.60 percent May 2026
GDP Deflator 134.00 135.60 points Mar 2026
Import Prices 107.01 108.79 points May 2026
Inflation Rate YoY 1.80 1.80 percent May 2026
Inflation Rate MoM 0.70 -0.30 percent May 2026
Domestic Supply Price Index 130.93 133.44 points May 2026
Domestic Supply Price Index YoY 34.20 32.10 percent May 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
34.20 32.10 34.20 -22.20 1975 - 2026 percent Monthly
2023=100, NSA

News Stream
Singapore Producer Inflation at Record High
Singapore’s domestic supply price index climbed 34.2% year-on-year in May 2026 from an upwardly revised 32.1% jump in the previous month. This marked the highest reading since records began in January 1975, driven largely by sharply higher costs for mineral fuels, lubricants and related materials (77.2% vs 81.1% in April), machinery and transport equipment (27.6% vs 20.4%), and chemical and chemical products (21.5% vs 21.3%). Producer inflation also increased for crude materials excluding fuels (12.9% vs 10.3%) and miscellaneous manufactured articles (7.7% vs 7.1%). On the other hand, prices declined for food and live animals, down 2.6% after a 3.2% drop in the prior month. On a monthly basis, producer prices decreased by 1.9% in May, marking the first month of decline this year and reversing a 3.4% gain in the preceding period.
2026-06-29
Singapore Producer Prices Post Historical High
Singapore’s domestic supply price index jumped 31.6% year-on-year in April 2026 from an upwardly revised 26.7% in the previous month. This marked the highest reading since records began in January 1975. Costs increased in beverages and tobacco (3.8% vs 2.6% in March), crude materials excluding fuels (9.8% vs 8.5%), mineral fuels, lubricants, and related materials (79.3% vs 70.8%), animal and vegetable oils, fats, and waxes (1.5% vs 1.2%), chemical and chemical products (21.4% vs 4.4%), manufactured goods (3.6% vs 3%), and machinery and transport equipment (20.4% vs 16.4%). Additionally, prices declined at a slower pace for food and live animals (-2.7% vs -3.2%). Meanwhile, inflation eased for miscellaneous manufactured articles (7.1% vs 10.3%). On a monthly basis, the index rose 3.1% in April, following an upwardly revised 21% jump in March.
2026-05-29
Singapore Domestic Supply Prices Surge Fastest Since 2022
Singapore’s domestic supply price index surged 21.6% year-over-year in March 2026, the sharpest increase since June 2022, as the Middle East war drove energy costs higher. The acceleration from an upwardly revised 2.4% rise in February was led by a 49.9% jump in mineral fuels. Additional upward pressure came from machinery & transport equipment (16.4% vs. 10.8% in February), chemicals & chemical products (4.3% vs. –8.7%), and manufactured goods (3.0% vs. 1.1%). On a monthly basis, the index climbed 16.1% in March, following a 3.7% increase in February, as oil prices soared 60.4%.
2026-04-29