singapore annual inflation rate

singapore annual inflation rate


Singapore: Consumer prices drops at more moderate rate on an annual basis in June July 23, 2020 Consumer prices increased 0.02% in June over the last month, … The poll also showed that the Monetary Authority of Singapore’s (MAS) core inflation measure likely increased 1.9 percent from a year earlier in January, unchanged from the previous month. Singapore's core inflation gauge rose 0.7 per cent in September, slightly less than the previous month as it hit a more than three-year low, data showed on … Since the CPI is measured and published monthly, the annual Singapore inflation rate varies from month to month. Singapore (Reuters) - Singapore’s consumer price index probably rose 0.6 percent in January from a year earlier, a Reuters poll showed, increasing slightly from 0.5 percent in December. Over the past 28 years, the value for this indicator has fluctuated between 5.92 in 2007 and -3.58 in 1999.Definition: Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The poll also showed that the Monetary Authority of Singapore’s (MAS) core inflation measure likely increased 1.9 percent from a year earlier in January, unchanged from the previous month. As the graph below shows, over the past 57 years this indicator reached a maximum value of 16.32 in 1974 and a minimum value of -3.58 in 1999. The central bank’s core inflation measure excludes changes in the price of cars and accommodation, which are influenced more by government policies. As the graph below shows, over the past 57 years this indicator reached a maximum value of 22.37 in 1974 and a minimum value of -1.84 in 1976.Definition: Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. Use the inflation calculator to compute inflation-adjusted prices for goods and services, as well as wages, in Singapore from 1960 to the present.
For the October-December quarter, Singapore reported the slowest annual growth rate in more than two years, and the city-state’s trade ministry warned that manufacturing is likely to face significant moderation this year. Thus, it may not be comparable with other national accounts series in the database for historical years.Source: World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.Source: World Bank national accounts data, and OECD National Accounts data files.The latest value for Inflation, GDP deflator: linked series (annual %) in Singapore was 1.91 as of 2018.

The value for Inflation, consumer prices (annual %) in Singapore was 0.44 as of 2018. Data published Monthly by Statistics. Reporting by Fathin Ungku; Editing by Richard Borsuk
The maximum level was 34.3 % and minimum was -3.1 %. According to the poll, January’s annual core inflation rate was 1.9 percent, unchanged from the previous month’s pace.

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singapore annual inflation rate