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Consumer Price Index

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 the resident households over time. It measures price movement (i.e., change in prices) but not absolute price level at a point in time. The weighting pattern for the 2019-based CPI was derived from the expenditure values obtained from the Household Expenditure Survey (HES) conducted between October 2017 and September 2018, and updated to 2019 values by taking into account price changes between 2017/18 and 2019.

The CPI is compiled on a monthly basis. The annual CPI is derived by taking a simple average of the 12 months’ indices for the year.

Average Retail Prices of Selected Consumer Items

Retail prices of selected consumer items are obtained from a wide range of retailers and service providers commonly patronised by resident households. 

Prices of items starting from January 2019 are based on the 2019-based CPI basket. While they are indicative of the average transaction price levels in the same base period, they are not a measure of pure price movements across CPI baskets due to changes in the sample of brands/varieties and outlets priced.

Producer Price Indices

The Singapore Manufactured Products Price Index measures the changes in the prices of goods manufactured by local manufacturers. The Domestic Supply Price Index monitors the price changes of commodities, either locally   manufactured or imported from abroad, which are retained for use in the domestic economy.  The 2018-based series is compiled using the 'modified Laspeyres' formula, where the weight reference period of 2017 preceded the price reference period of 2018.

The weights for Singapore manufactured products are derived from production data collected in the 2017 Census of Manufacturing Activities. The weights for the Domestic Supply Price Index are made proportionate to the combined value of retained imports and locally manufactured goods sold in the domestic market. Prices of imported goods and ex-factory prices are collected fr­­­om selected importers and local manufacturers respectively every month.

International Trade Price Indices

The Import & Export Price Indices track the price movements of imported and exported goods. Prices for imported products are valued at ‘CIF’ (Cost, Insurance and Freight) and prices for exported products are valued at ‘FOB’ (Free On Board). The 2018-based series is compiled using the Laspeyres formula, where the price and weight reference periods are aligned to the year 2018.

The weights for the imported and exported products are derived from the import and export statistics in 2018. Monthly prices are collected from selected importers and exporters.

SERVICES PRODUCER PRICE INDICES

The Services Producer Price Indices (SPPIs) measure changes in the average prices of services produced by establishments, for selected industries of the Singapore economy. The prices captured reflect the amount received by a producer, exclusive of any taxes. The SPPIs are aligned to the Singapore Standard Industrial Classification. They are calculated using the modified Laspeyres price index formula with fixed base weights, where the weights reference period precedes the price reference period.

Data

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Key Indicators
Item Legend Latest Period Latest Data             % Change
            (Y-o-Y)  1/
Previous
            Period Data
% Change
            (Y-o-Y)  2/
Prices and Price Indices            
Consumer Price Index (2019 as Base Year) Jul-21 101.7 2.5 101.9 2.4
Domestic Supply Price Index (2018=100) Jul-21 103.7 17.0 101.1 16.8
Singapore Manufactured Products Price Index (2018=100) Jul-21 100.4 11.6 98.7 9.6
Import Price Index (2018=100) Jul-21 103.8 12.5 101.8 12.4
Export Price Index (2018=100) Jul-21 104.1 13.0 102.2 12.4
Sea Freight Transport Price Index (2017=100)  Q1/21 128.0 2.6 119.5 -1.0
Warehousing and Storage Price Index (2016=100)  Q1/21 105.2 3.8 102.6 3.1
Cargo Handling Price Index (2016=100)  Q1/21 101.4 2.4 101.3 1.6
Freight Forwarding Price Index (2017=100)  Q1/21 126.5 20.0 127.0 21.9
Telecommunications Services Price Index (2017=100)  Q1/21 99.5 2.3 98.8 0.3
Computer Consultancy and Information Services Price Index (2016=100)  Q1/21 103.7 0.1 103.9 0.7
Accounting Services Price Index (2017=100)  Q1/21 110.9 1.4 111.3 1.3
Consumer Price Index (2019 as Base Year) 2020 99.8 -0.2 100.0 0.6

Consumer Price Index

Title : Consumer Price Index (CPI), 2019 As Base Year, Annual

Index

Data Items

2013
2014
2015
2016
2017
2018
2019
2020

All Items

98.474
99.483
98.963
98.436
99.004
99.438
100
99.818

Food

89.456
92.059
93.833
95.759
97.104
98.498
100
101.862

Food Excl Food Serving Services

90.388
93.058
94.198
96.366
97.608
98.87
100
102.898

Bread & Cereals

92.669
94.121
95.333
96.535
97.127
98.501
100
101.93

Rice

Na
95.516
94.643
95.374
94.898
96.202
100
101.754

Flour

Na
101.634
100.74
101.847
102.175
100.188
100.001
97.863

Bread

Na
93.19
95.008
96.759
97.328
98.919
100
101.012

Noodles & Pasta

Na
100.33
99.086
100.089
100.159
100.67
100
102.042

Biscuits & Cookies

Na
92.728
94.159
96.104
97.186
98.736
100
104.24

Cakes & Pastries

Na
91.787
94.545
95.252
96.653
98.54
100
102.306

Other Cereals

Na
97.911
98.213
99.544
99.24
99.109
100
101.159

Meat

95.087
96.707
97.342
99.383
99.943
99.855
100
105.503

Pork, Chilled

Na
96.041
96.718
100.085
100.08
100.212
100
107.985

Beef, Chilled

Na
93.536
95.564
97.595
100.178
100.004
100
103.407

Mutton, Chilled

Na
91.812
93.632
94.131
94.168
95.229
100
110.144

Poultry, Chilled

Na
96.424
96.117
99.556
100.491
100.007
100
101.46

Meat, Frozen

Na
104.991
104.769
103.203
102.165
100.449
100
107.535

Meat Preparations

Na
95.266
96.754
97.456
98.63
99.392
100
105.441

Fish & Seafood

86.145
88.589
89.887
93.814
96.172
98.666
100
100.992

Fish, Chilled

Na
86.437
88.355
92.772
95.837
98.568
100
100.857

Fish, Frozen

Na
82.119
86.741
93.846
99.082
101.341
100
100.026

Other Seafood

Na
91.483
92.192
95.273
96.861
98.789
100
99.794

Seafood Preparations

Na
92.315
92.164
95.277
96.16
98.577
100
103.104

Milk, Cheese & Eggs

89.462
94.022
95.865
97.448
98.013
99.573
100
101.928

Formula Milk Powder

Na
90.735
95.048
98.409
99.654
100.023
100
100.141

Other Milk & Dairy Products

Na
96.396
95.953
96.813
97.577
100.092
100
104.039

Eggs

Na
96.578
98.296
96.491
94.05
96.193
100
99.79

Oils & Fats

97.353
97.932
97.441
95.998
96.15
99.374
100
101.78

Butter & Other Fats

Na
90.072
90.541
90.168
92.443
99.317
100
100.242

Cooking Oils

Na
101.978
100.993
98.999
98.059
99.405
100
102.395

Fruits

83.409
89.783
91.406
93.625
96.136
98.005
100
101.689

Tropical Fruits, Fresh

Na
85.826
87.125
90.917
93.481
96.469
100
103.151

Citrus, Berries & Other Fruits, Fresh

Na
91.779
94.029
94.765
97.388
98.73
100
100.935

Preserved Fruits & Nuts

Na
93.993
94.338
97.294
99.264
99.814
100
100.794

Vegetables

89.133
92.171
93.041
96.736
98.177
98.052
100
105.019

Leafy Vegetables, Fresh

Na
91.289
92.219
97.666
97.597
97.526
100
103.743

Fruit Vegetables, Fresh

Na
90.394
92.187
94.781
96.076
97.02
100
106.288

Root Vegetables, Fresh

Na
89.39
90.652
96.274
99.623
98.642
100
105.685

Other Vegetables & Preparations

Na
96.341
96.236
97.306
99.29
98.961
100
105.582

Sugar, Preserves & Confectionery

94.909
94.388
95.243
96.865
98.759
100.181
100
105.213

Sugar

Na
97.547
96.481
96.309
99.863
100.373
100
100.723

Confectionery & Ice-cream

Na
94.555
95.663
97.46
99.154
100.647
100
106.464

Sugar Preserves & Spread

Na
91.891
92.751
94.634
96.444
98.082
100
102.506

Non-alcoholic Beverages

95.432
96.419
96.721
96.889
97.345
98.465
100
103.585

Coffee & Tea

Na
97.25
97.196
97.962
97.797
99.265
100
101.013

Soft Drinks

Na
96.573
96.633
95.916
96.135
96.831
100
105.618

Other Beverages

Na
95.512
96.368
96.803
98.05
99.245
100
104.937

Other Food

90.992
93.136
94.855
96.837
97.946
99.624
100
101.288

Food Serving Services

88.95
91.512
93.632
95.427
96.828
98.294
100
101.367

Restaurant Food

88.372
90.469
93.36
95.503
96.598
98.238
100
101.493

Fast Food

90.252
93.404
94.964
97.082
98.167
98.428
100
101.371

Hawker Food

89.218
91.948
93.692
95.263
96.88
98.372
100
101.275

Hawker Centres

Na
Na
Na
Na
Na
Na
100
101.636

Food Courts & Coffee Shops

Na
Na
Na
Na
Na
Na
100
101.184

Catered Food

90.709
91.875
92.073
92.735
94.331
95.345
100
101.644

Clothing & Footwear

99.267
98.468
98.528
98.744
99.345
100.777
100
96.16

Clothing

100.662
99.269
98.909
99.827
100.053
101.162
100
96.312

Men's Clothing

Na
100.982
101.799
102.508
100.77
101.585
100
95.55

Women's Clothing

Na
98.385
97.106
98.203
99.575
100.718
100
96.449

Children's Clothing

Na
99.741
101.276
101.779
100.796
102.426
100
97.381

Other Articles & Related Services

96.009
98.303
98.44
98.548
99.771
100.608
100.001
99.275

Footwear

95.272
95.869
97.296
95.224
96.927
99.547
100
95.048

Men's Footwear

Na
94.4
94.593
95.147
96.796
98.726
100
94.546

Women's Footwear

Na
96.787
99.388
95.039
97.164
100.713
100
94.713

Children's Footwear

Na
97.535
97.935
95.734
95.58
96.704
100
99.651

Housing & Utilities

113.388
113.517
109.499
105.034
102.372
101.003
100
99.714

Accommodation

115.04
115.441
112.425
108.481
104.145
100.951
100
100.392

Utilities & Other Fuels

103.325
102.015
92.003
84.422
91.772
101.313
100
94.523

Water Supply

Na
75.744
75.744
75.744
81.463
93.591
100
100

Refuse Collection

Na
75.032
90.722
90.722
100
100
100
100

Electricity

Na
118.857
100.938
87.784
95.935
105.92
100
90.78

Gas

Na
103.791
92.534
88.499
95.26
99.96
100
96.344

Household Durables & Services

94.608
96.275
95.689
97.419
98.45
99.227
100
100.285

Household Durables

100.347
101.057
101.603
101.902
100.815
100.428
100
99.956

Furniture

Na
97.784
98.945
100.216
99.624
99.589
100
100.438

Furnishings

Na
99.356
99.085
98.668
97.947
98.514
100
99.848

Other Household Textiles

Na
104.165
106.283
104.823
103.222
101.623
100
99.228

Household Appliances

Na
104.363
104.412
104.549
102.44
101.409
100
99.191

Utensils & Others

Na
99.798
98.931
98.831
98.905
99.724
100
101.588

Household Services & Supplies

91.633
93.599
92.38
94.911
97.125
98.555
100
100.507

Non-durable Household Goods

Na
101.237
100.393
99.71
99.522
100.111
100
100.969

Domestic & Household Services

Na
92.151
90.862
94.001
96.671
98.26
100
100.428

Health Care

91.117
93.64
93.56
94.566
96.924
98.905
100
98.463

Medicines & Health Products

99.257
100.061
100.897
100.841
100.731
100.924
100
98.581

Medicines & Vitamins

Na
99.729
100.788
100.942
100.913
101.266
100
98.091

Medical Products

Na
101.251
101.291
100.484
100.084
99.707
100
100.12

Outpatient Services

93.514
95.523
91.819
94.401
96.725
98.476
100
96.486

Fees At Polyclinics

Na
175.939
95.836
97.62
99.535
100.181
100
89.059

Fees At General Practitioners (GP) Clinics

Na
95.364
93.051
94.985
97.166
99.142
100
77.558

Fees At Specialist Outpatient Clinics

Na
92.923
91.07
93.754
95.852
97.732
100
99.837

Dental Services

Na
96.751
95.719
97.164
98.54
99.995
100
95.19

Paramedical Services

Na
87.351
88.897
92.767
96.321
97.977
100
101.057

Hospital Services

82.901
87.347
90.061
90.345
94.333
97.902
100
101.485

Health Insurance

95.086
97.465
97.417
97.92
99.507
99.943
100
100.009

Transport

102.32
101.073
99.62
97.228
99.756
99.235
100
99.27

Private Transport

103.486
101.431
99.222
96.197
100.279
99.68
100
98.641

Cars

Na
111.914
109.812
104.337
104.327
99.149
100
100.999

Motorcycles

Na
99.393
119.743
123.846
123.774
122.387
100
117.56

Petrol

Na
93.802
89.354
85.863
93.673
99.914
100
92.687

Other Private Transport

Na
91.719
90.165
90.897
98.393
99.355
100
95.284

Public Transport

96.902
98.876
100.906
100.807
98.612
97.584
100
103.075

Bus & Train Fares

Na
100.403
103.057
102.118
97.866
95.785
100
106.961

Point-to-point Transport Services * Prior to 2019, data pertain to taxi services only. From 2019 onwards, data pertain to taxi and private hire car services.

Na
99.323
99.669
100
100
100
100
99.043

Other Public Transport

Na
87.915
92.391
95.814
98
99.577
100
97.67

Other Transport Services

102.122
103.285
100.085
97.781
97.779
99.261
100
96.935

Air Fares * These services were unavailable (either fully or partially) in Apr - Dec 20 due to international and safe-distancing measures to contain the COVID-19 pandemic. As such, more prices were imputed, in line with international guidelines.

Na
103.453
100.213
97.84
97.776
99.261
100
96.615

Other Transport

Na
99.384
97.123
96.41
97.866
99.263
100
106.022

Communication

101.619
101.426
101.766
101.387
101.951
100.924
100
100.681

Postage & Courier Services

91.942
95.227
100.018
100.018
100.018
100.018
100.001
102.522

Telecommunication Equipment

116.795
117.942
118.188
119.92
118.718
111.59
100
98.548

Telecommunication Services

100.998
100.728
101.046
100.572
101.217
100.455
100
100.816

Recreation & Culture

94.593
96.255
96.573
97.462
97.781
98.948
100
98.21

Recreational & Cultural Goods

103.154
103.549
103.371
102.806
101.919
101.507
100
99.17

Information Processing Equipment

Na
104.469
104.091
103.343
102.373
99.853
100
99.174

Audio-visual Equipment & Others

Na
117.333
114.669
113.141
109.113
110.38
100
93.602

Games & Toys

Na
99.953
100.903
99.886
99.652
97.579
100
100.957

Pets & Related Products

Na
96.64
96.833
96.651
98.456
99.848
100
100.314

Other Recreational & Cultural Goods

Na
96.014
97.172
98.033
98.347
99.289
100
101.391

Recreational & Cultural Services

93.57
95.935
96.421
96.89
97.599
98.697
100
99.831

Sport Services & Other Fees * These services were unavailable (either fully or partially) in Apr - Dec 20 due to international and safe-distancing measures to contain the COVID-19 pandemic. As such, more prices were imputed, in line with international guidelines.

Na
93.746
94.253
96.268
97.933
98.57
100
99.489

Cinema Tickets * These services were unavailable (either fully or partially) in Apr - Jul 20 due to international and safe-distancing measures to contain the COVID-19 pandemic. As such, more prices were imputed, in line with international guidelines.

Na
95.491
98.386
94.043
94.527
96.367
100
104.064

Charges To Places Of Interest * These services were unavailable (either fully or partially) in Apr - Jul 20 due to international and safe-distancing measures to contain the COVID-19 pandemic. As such, more prices were imputed, in line with international guidelines.

Na
99.173
91.323
92.714
95.05
98.371
100
90.569

Other Recreational & Cultural Services

Na
98.26
99.269
99.432
98.755
99.771
100
100.014

Newspapers, Books & Stationery

92.376
92.607
93.971
98.745
99.794
99.83
100
100.47

Newspapers & Magazines

Na
87.607
87.507
98.044
100.016
99.93
100
100

Books & Stationery

Na
96.6
99.133
99.305
99.616
99.75
100
100.761

Holiday Expenses * These services were unavailable (either fully or partially) in Apr - Dec 20 due to international and safe-distancing measures to contain the COVID-19 pandemic. As such, more prices were imputed, in line with international guidelines.

92.511
94.39
94.615
95.757
96.128
98.076
100
97.03

Package Tours * These services were unavailable (either fully or partially) in Apr - Dec 20 due to international and safe-distancing measures to contain the COVID-19 pandemic. As such, more prices were imputed, in line with international guidelines.

Na
95.77
95.672
96.356
96.016
97.691
100
98.695

Hotels & Other Expenses * These services were unavailable (either fully or partially) in Apr - Dec 20 due to international and safe-distancing measures to contain the COVID-19 pandemic. As such, more prices were imputed, in line with international guidelines.

Na
89.064
90.535
93.444
96.559
99.561
100
92.746

Education

83.568
86.422
89.395
92.145
94.924
97.661
100
99.37

Tuition & Other Fees

83.371
86.264
89.267
92.043
94.852
97.624
100
99.358

Textbooks & Guides

96.769
98.611
99.195
99.969
100.457
100.461
100
100.444

Miscellaneous Goods & Services

97.168
98.327
98.284
98.53
98.67
99.635
100
98.823

Personal Care

101.097
100.754
100.359
100.405
99.423
99.298
100
99.947

Hairdressing

Na
96.476
97.351
97.855
98.532
98.538
100
99.914

Personal Grooming Services * These services were unavailable (either fully or partially) in Apr - Jun 20 due to international and safe-distancing measures to contain the COVID-19 pandemic. As such, more prices were imputed, in line with international guidelines.

Na
99.081
99.347
99.661
100.116
99.92
100
100.671

Other Personal Care

Na
102.921
101.816
101.593
99.447
99.306
100
99.657

Alcoholic Drinks & Tobacco

88.162
93.399
94.347
94.528
94.8
99.57
100
99.024

Spirits & Wine

Na
105.323
103.234
103.07
103.893
102.004
100
97.588

Beer

Na
105.546
107.636
106.626
103.803
101.01
100
96.158

Cigarettes

Na
89.621
90.94
91.348
91.956
98.945
100
99.879

Personal Effects

98.529
98.66
97.443
98.802
101.139
100.58
100
94.88

Jewellery & Watches

Na
100.737
101.829
101.545
101.823
99.996
100
98.31

Other Personal Effects

Na
98.191
96.454
98.183
100.984
100.711
100
93.133

Social Services

Na
94.88
97.454
97.872
97.994
99.774
100
97.078

Other Miscellaneous Services

Na
97.695
98.02
97.944
100.033
100.065
100
100.039

All Items Less Imputed Rentals On Owner-occupied Accommodation * Accommodation, one of the groups in the Housing & Utilities expenditure division of the CPI, comprises 'rented and owner-occupied accommodation', as well as 'housing maintenance & repairs'. A significant share of the Accommodation group is 'owner-occupied accommodation (OOA)' cost, which is meant to reflect the costs to homeowners of utilising the flow of services provided by their homes over an extended period of time. As the cost of using housing services is not directly observed for homeowners, it is computed based on the imputed rental concept under the rental equivalence method, i.e. proxied by market rentals. Changes in the CPI imputed rentals on OOA, however, have no direct impact on the monthly cash expenditure of most households in Singapore as they already own their homes. Hence, the CPI less imputed rentals on OOA is compiled as an additional indicator to track households' actual expenditures. Actual rentals paid on rented homes are still included in this measure.

94.717
95.875
95.944
96.202
97.85
99.098
100
99.683

All Items Less Accommodation

94.421
95.566
95.658
95.971
97.742
99.067
100
99.657
SOURCE : SINGAPORE DEPARTMENT OF STATISTICS

Producer Price Indices

Title : Domestic Supply Price Index, By Commodity Section (1-Digit Level), Base Year 2018 = 100, Annual

Index

Data Items

2013
2014
2015
2016
2017
2018
2019
2020

Domestic Supply Price Index - Overall Items

115.256
111.402
94.337
87.792
93.977
100
96.747
88.363

Food & Live Animals

101.345
104.246
101.153
99.157
101.02
100
101.31
103.576

Beverages & Tobacco

98.999
100.106
100.984
100.565
98.904
100
102.056
104.061

Crude Materials (Excl Fuels)

112.696
113.944
109.414
99.692
98.773
100
98.355
97.248

Mineral Fuels, Lubricants & Related Materials

138.489
128.118
75.235
61.574
79.678
100
92.951
64.374

Animal & Vegetable Oils Fats & Waxes

121.339
120.31
106.016
111.465
114.142
100
90.878
103.552

Chemicals & Chemical Products

109.878
108.431
94.584
90.38
95.506
100
94.146
87.71

Manufactured Goods

101.921
101.198
99.133
93.216
96.793
100
101.497
102.209

Machinery & Transport Equipment

105.684
103.987
106.962
103.163
102.167
100
98.21
98.03

Miscellaneous Manufactured Articles

99.653
99.748
100.231
100.708
101.313
100
101.032
103.994

Non-oil Domestic Supply Price Index

105.14
104.126
102.654
99.207
100.202
100
98.215
97.636
SOURCE : SINGAPORE DEPARTMENT OF STATISTICS

International Trade Price Indices

Title : Import Price Index, By Commodity Section (1-Digit Level), Base Year 2018 = 100, Annual

Index

Data Items

2013
2014
2015
2016
2017
2018
2019
2020

Import Price Index - Overall Items

112.028
108.862
95.109
90.063
95.324
100
98.966
92.025

Food & Live Animals

101.418
104.787
102.032
99.503
101.174
100
101.535
102.907

Beverages & Tobacco

96.414
97.354
99.822
99.569
100.221
100
100.394
97.859

Crude Materials (Excl Fuels)

114.417
111.72
105.263
97.839
100.496
100
101.18
101.798

Mineral Fuels, Lubricants & Related Materials

137.971
127.843
74.84
61.546
79.712
100
93.405
65.6

Animal & Vegetable Oils Fats & Waxes

120.881
119.401
101.968
110.607
114.724
100
90.379
103.065

Chemicals & Chemical Products

105.308
104.311
98.016
93.847
96.716
100
98.6
97.447

Manufactured Goods

102.369
102.902
99.228
92.301
96.437
100
99.922
99.77

Machinery & Transport Equipment

103.027
101.918
103.939
102.443
102.152
100
101.283
101.263

Miscellaneous Manufactured Articles

97.808
97.848
100.978
101.761
101.618
100
102.042
105.952

Non-oil Import Price Index

102.652
102.001
102.435
100.37
100.967
100
100.911
101.263
SOURCE : SINGAPORE DEPARTMENT OF STATISTICS

Visualising Data

View and explore data with the latest visualisations:

 

Consumer Price Index Infographic

Consumer Price Index Dashboard

Consumer Price Index at Group and Class Levels Dashboard

Import Price Index Dashboard

Export Price Index Dashboard

Other Price Indices

The Building and Construction Authority (BCA) compiles data on construction material market prices using the average market prices of construction materials for the respective years.

 

The Housing and Development Board (HDB) compiles the Price Index of HDB Resale Flats, while the Urban Redevelopment Authority (URA) compiles the Private Residential Property Price Index and Commercial Property Price and Rental Indices. Since the fourth quarter of 2013, the Industrial Property Price Index, previously released by URA, has been compiled by the JTC Corporation.

Data

Please click on the topic to view the available data tables.

Definitions

Visit Glossary Page

Other References

Consumer Price Index
Rebasing of The Consumer Price Index (CPI) (2019 as Base Year) View
Producer Price Indices and International Trade Price Indices
Rebasing of Singapore Manufactured Products and Domestic Supply Price Indices (Base Year 2018 = 100) View
Rebasing of the Import and Export Price Indices (Base Year 2018=100) View
Services Producer Price Indices
Services Producer Price Indices View

External Sources

Construction Material Market Prices
Building and Construction Authority View
Price Index of HDB Resale Flats
Housing and Development Board View
Private Residential Property Price Index and Commercial Property Price and Rental Indices
Urban Redevelopment Authority View
Industrial Property Price Index
JTC Corporation View