Statistical Concepts, Methods and IT Applications

Rebasing of Import and Export Price Indices (Base Year 2012=100)

The Singapore Department of Statistics has completed the rebasing of the Import Price Index and Export Price Index to base year 2012. The rebasing of these indices is conducted periodically to ensure that the ‘baskets’ of commodities are representative of current import and export trade patterns.

The information paper titled "Rebasing of Import & Export Price Indices (Base Year 2012 = 100)" pdf icon (528kb) provides details on the 2012 rebasing exercise, and comparisons between the weighting patterns and trends of the 2012-based and the 2006-based price indices.