Overview
The Consumer Price Index (CPI) is designed to measure the average price changes of a fixed basket of consumption goods and services commonly purchased by resident households over time. It measures price movements (i.e., changes in prices) but not absolute price levels at a point in time.
The CPI is used as:
• A measure of consumer price inflation
• Inputs in the formulation of government policies
• As a means of deriving real values in the compilation of economic statistics
Other subjects in this theme
Related Information
This article presents the weighting pattern and inflation trends of the CPI by Household Income Group with base year of 2024.
This paper presents the latest CPI series for general households with base year of 2024, including its weighting pattern, inflation trends as well as data coverage and methodology.
This article provides an overview of the compilation of CPI for hawker food and compares the price trends across Hawker Centres and Food Courts & Coffee Shops.
This article presents DOS’s continual efforts to adopt the latest technology and open-source tools in the areas of price data collection and compilation.
This article presents the work that DOS was involved in for the 2021 International Comparison Program (ICP) and highlights the results from 2017 ICP.
This Occasional Paper presents the weighting pattern and inflation trends of the CPI for Retiree Households and Households with Young Children with base year of 2019.
This Occasional Paper presents the weighting pattern and inflation trends of the CPI for Retiree Households with base year of 2014.
External Resources
- CPI Inflation Calculator
Compute inflation-adjusted prices for goods and services, as well as wages, using annual CPI data from 1961 to the present.
- Metadata for Price Index: Consumer Prices
Singapore’s Consumer Price Index dissemination practices meet the International Monetary Fund’s (IMF) Special Data Dissemination Standard (SDDS) requirements.