Import, Export, Singapore Manufactured Products and Domestic Supply Price Indices, Dec 2023

The Import and Export Price Indices fell 2.1% and 2.4% respectively in Dec 2023 over Nov 2023; excluding Oil, the indices declined 0.6% and 1.4% respectively. For full year 2023, the Import and Export Price Indices declined 5.6% and 7.6% respectively over 2022; excluding oil, the indices decreased 0.6% and 4.7% respectively.

The Singapore Manufactured Products and Domestic Supply Price Indices declined 1.1% and 2.6% respectively in Dec 2023 over Nov 2023; excluding Oil, the indices declined 0.5% and 1.4% respectively. For full year 2023, the Singapore Manufactured Products and Domestic Supply Price Indices declined 4.5% and 6.7% respectively over 2022; excluding oil, the indices decreased 2.7% and 2.1% respectively.