Price and Price Indices

Consumer Price Index

Designed to measure the average price changes in a fixed basket of consumption goods and services commonly purchased by the resident households over time. It is commonly used as a measure of consumer price inflation.

Export Price Index

The Export Price Index (EPI) tracks changes in the monthly prices of exported goods. The EPI is also used as price deflators to estimate the volume of international trade and to compile constant price National Accounts estimates.

Import Price Index

The Import Price Index (IPI) tracks changes in the monthly prices of imported goods. The IPI is also used as price deflators to estimate the volume of international trade and to compile constant price National Accounts estimates.

Domestic Supply Price Index

The Domestic Supply Price Index (DSPI) monitors the price changes of locally manufactured goods and imports which are retained for use in the domestic economy. It gives an indication of the price trends of goods used in the domestic economy.

Singapore Manufactured Products Price Index

The Singapore Manufactured Products Price Index (SMPPI) measures the changes in the prices of goods produced by manufacturers in Singapore for sale in the domestic and international markets. It is used as a price deflator of manufacturing output in the compilation of the monthly Index of Industrial Production.