Import Prices in Singapore fell by 5.10 percent from a month earlier in February, following a downwardly revised 5.0 percent drop in January 2024. Import Prices YoY in Singapore averaged 0.66 percent from 1975 until 2024, reaching an all time high of 26.90 percent in May of 2022 and a record low of -17.40 percent in January of 2015. source: Statistics Singapore
Import Prices YoY in Singapore is expected to be 3.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Singapore Import Prices YoY is projected to trend around 2.30 percent in 2025, according to our econometric models.