The Domestic Supply Price Index in Singapore rose by a fresh record peak of 31.4 percent from a year earlier in May 2022, after an upwardly revised 30.0 percent rise in the previous month. Prices of both mineral fuels (83.4% vs 83.0%) and crude materials excluded fuels (11.3% vs 9.4% in April) increased faster, amid soaring commodity prices. Additional upward pressures also came from prices of beverages & tobacco (9.3% vs 8.8%), machinery & transport (13.6% vs 11.1%), food & live animals (9.0% vs 8.3%), manufactured goods (12.2% vs 13.0%), miscellaneous manufactured (5.0% vs 5.3%), animal & vegetable oils (33.5% vs 36.1%), and chemicals (12.2% vs 13.4%). 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 June of 2022.

Producer Prices Change in Singapore is expected to be 26.50 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 5.50 percent in 2022 and 2.50 percent in 2023, according to our econometric models.

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Singapore Producer Prices Change



Calendar GMT Actual Previous Consensus TEForecast
2022-05-27 05:00 AM Apr 29.5% 27.6% 28%
2022-06-29 05:00 AM May 31.4% 30.0% 29.6%
2022-07-29 05:00 AM Jun 31.4%


Related Last Previous Unit Reference
Inflation Rate 5.60 5.40 percent May 2022
Inflation Rate Mom 1.00 -0.10 percent May 2022
Consumer Price Index CPI 107.61 106.55 points May 2022
Core Consumer Prices 104.12 107.58 points May 2022
GDP Deflator 112.66 107.89 points Mar 2022
Producer Prices 126.80 125.10 points Apr 2022
Export Prices 125.90 124.13 points May 2022
Import Prices 126.50 123.74 points May 2022
Food Inflation 4.50 4.10 percent May 2022
CPI Transportation 123.93 123.34 points May 2022
CPI Housing Utilities 106.16 103.42 points May 2022
Producer Prices Change 31.40 30.00 percent May 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
31.40 30.00 31.40 -22.20 1975 - 2022 percent Monthly
2012 = 100, NSA

News Stream
Singapore Producer Prices Hit New Record High
The Domestic Supply Price Index in Singapore rose by a fresh record peak of 31.4 percent from a year earlier in May 2022, after an upwardly revised 30.0 percent rise in the previous month. Prices of both mineral fuels (83.4% vs 83.0%) and crude materials excluded fuels (11.3% vs 9.4% in April) increased faster, amid soaring commodity prices. Additional upward pressures also came from prices of beverages & tobacco (9.3% vs 8.8%), machinery & transport (13.6% vs 11.1%), food & live animals (9.0% vs 8.3%), manufactured goods (12.2% vs 13.0%), miscellaneous manufactured (5.0% vs 5.3%), animal & vegetable oils (33.5% vs 36.1%), and chemicals (12.2% vs 13.4%).
2022-06-29
Singapore Producer Inflation Hits Record High
The Domestic Supply Price Index in Singapore jumped by a record high of 29.5 percent from a year earlier in April 2022, after a 27.6 percent gain in the previous month. Prices of both mineral fuels (81.8% vs 72.7%) and crude materials excluded fuels (9.4% vs 8.6% in March) rose faster, amid surging commodity prices. Additional upward pressures also came from prices of beverages & tobacco (8.0% vs 6.8%), machinery & transport (10.9% vs 10.7%), food & live animals (8.1% vs 7.0%), manufactured goods (12.5% vs 12.8%), miscellaneous manufactured (5.1% vs 5.4%), animal & vegetable oils (35.0% vs 35.9%), and chemicals (13.2% vs 15.3%).
2022-05-27
Singapore Producer Prices Rise the Most Since 1980
The Domestic Supply Price Index in Singapore surged 27.6 percent from a year earlier in March 2022, accelerating from an upwardly revised 22.6 percent growth in the previous month. It was the highest domestic price inflation since March 1980, as prices of mineral fuels rose much faster (72.7% vs 53.5%) while crude materials excluded fuels continued to increase (8.6% vs 9.6% in February). Also, prices advanced more for manufactured goods (12.2% vs 11.8% in February), miscellaneous manufactured (5.4% vs 4.0%), food & live animals (6.8% vs 4.6%), animal & vegetable oils (35.9% vs 35.1%), and chemicals (15.3% vs 14.2%). Meanwhile, prices went up further for both beverages & tobacco (6.8% vs 6.8%) and machinery & transport (10.7% vs 13.1%).
2022-04-29