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 households over time. It is commonly used as a measure of consumer price inflation.
Export Price Index
Measures changes in the prices of goods exported out of Singapore over time. It is used to deflate external trade values to obtain trade volume or real trade adjusted for inflation.
Import Price Index
Tracks changes in the prices of goods imported into Singapore over time. It is used to deflate external trade values to obtain trade volume or real trade adjusted for inflation.
Domestic Supply Price Index
A composite index used for monitoring the price trends of goods used in the domestic economy i.e. locally manufactured goods and imports which are retained for use in the domestic economy. It is used as one of the price deflators of wholesale trade and
is also used to monitor short term inflationary trends of the economy.
Singapore Manufactured Products Price Index
Measures the changes in the prices of goods produced by our local manufacturers for sale in the local and international markets. It is a price deflator of manufacturing output and is used in the compilation of the Index of Industrial Production.