The Domestic Supply Price Index in Singapore increased 17.0 percent from a year earlier in August 2021, easing slightly from an upwardly revised 17.1 percent rise in the previous month, as mineral fuels prices rose softer (56.9% vs 64.8%), while crude materials excluded fuels prices continued to rise (14.0% vs 12.6%). Also, prices advanced less for animal & vegetable oils (53.0% vs 55.7% in July). Meanwhile, prices continued to increase for chemicals & chemical products (13.8% vs 12.7%), manufactured goods (12.7% vs 11.6%), food & live animals (2.7% vs 2.0%), machinery & transport equipment (4.7% vs 2.7%), beverages & tobacco (0.7% vs 0.5%) and miscellaneous manufactured (1.3% vs 0.7%). source: Statistics Singapore
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. This page provides - Singapore Producer Prices Change- actual values, historical data, forecast, chart, statistics, economic calendar and news. Singapore Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on October of 2021.
Producer Prices Change in Singapore is expected to be 11.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Singapore Producer Prices Change is projected to trend around 2.50 percent in 2022, according to our econometric models.