Release of Occasional Paper on “The Consumer Price Index (CPI) for Retiree Households (Base Year 2014 = 100)”.
The Import, Export, Singapore Manufactured Products, Domestic Supply Price Indices rose 2.7%, 2.2%, 0.3% and 2.7% respectively in Oct 2016 over Sep 2016.
The overall services industries, excluding wholesale & retail trade and accommodation & food services, registered a 0.7% decline of revenue in third quarter 2016 over the previous quarter (non-seasonally adjusted).
Manufacturing output contracted 0.1% in Oct 2016 on a seasonally adjusted month-on-month basis.
The Singapore economy grew by 1.1% on a year-on-year basis in 3Q2016. Real GDP growth is expected to be “1.0% to 1.5%” in 2016, and “1.0% to 3.0%” in 2017.
The CPI in Oct 2016 went down 0.1% compared to Oct 2015. It fell 0.3% over Sep 2016.
Joint press release on "Consumer Price Developments in Oct 2016" by MAS and MTI.
Domestic wholesale trade (seasonally adjusted) declined 0.3% in 3Q2016 over 2Q2016. Excluding petroleum, domestic wholesale trade expanded by 1.1%. Foreign wholesale trade (seasonally adjusted) rose 3.6% in 3Q2016 over 2Q2016. Excluding petroleum, foreign wholesale trade grew by 6.8%.
Results of the Economic Survey of Singapore, 3rd Qtr 2016 will be released on 24 Nov 2016, 8.00a.m.
Non-oil domestic exports decreased 3.7% in Oct 2016 on a month-on-month seasonally adjusted basis, in contrast to the previous month's 2.2% increase.
Last updated: 2 Dec 2016
© 2016 Government of Singapore