singapore inflation rate 2020 forecast

Consumer prices in Singapore dropped 0.5 percent year-on-year in June 2020, after falling 0.8 percent in May and compared with market consensus of a 0.55 percent decline. Read more. Consumer prices increased 0.02% in June over the last month, which was below the 0.47% increase recorded in May. Consumer prices increased 0.02% in June over the last month, which was below the 0.47% increase recorded in May. July 17, 2020. Singapore Inflation June 2020. Consumer prices increased 0.02% in June over the last month, which was below the 0.47% increase recorded in May. The Trading Economics Application Programming Interface (API) provides direct access to our data. Core Inflation Rate in Singapore averaged 1.65 percent from 1990 until 2020, reaching an all time high of 6.50 percent in May of 2008 and a record low of -1.40 percent in October of 2009. MAS Core Inflation, which excludes the costs of accommodation and private road transport, declined from 0.6% year-on-year in H2 2019 to an average of 0.1% in January–February 2020. Inflation measures the general evolution of prices.

Meantime, food inflation quickened (2.1% vs 1.5%), while cost of housing & utilities rebounded (0.1% vs -0.1%).

It was the first decline in consumer prices since October 2016, amid plunging prices of transport (-4% vs 0.1% in March). Also, cost of recreation & culture fell at a softer pace (-2% vs -2.8%). General Households . The Trading Economics Application Programming Interface (API) provides direct access to our data.


Activity nosedived in the second quarter according to an advanced estimate, pushing the economy into recession. Inflation Rate YoY It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. On a monthly basis, consumer prices were flat in June, after a 0.5% gain in May. Inflation Rate YoY Inflation Rate in Singapore is expected to be 1.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Inflation Rate YoY Looking forward, we estimate Inflation Rate in Singapore to stand at 1.90 in 12 months time.
On a month-on-month basis, consumer prices went down 0.9% in April, the biggest fall since April 2013, after a 0.3% drop in March. Non-oil domestic exports (NODX) jumped 16.1% year-on-year in June, contrasting May’s 4.6% decline.

Read more. This page provides - Singapore Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

NSA Reference Get Free Economic Indicators Charts, Historical Data and Forecasts for 196 Countries. Consumer prices in Singapore dropped 0.8 percent year-on-year in May 2020, after declining 0.7 percent in April and compared with market consensus of a 0.95 percent fall.

July 23, 2020. Core consumer prices, which excludes accommodation and private road transport costs, fell 0.2% yoy, for the fourth straight month, defying expectations of a 0.4% drop and after a 0.3% decline in April. Activity nosedived in the second quarter according to an advanced estimate, pushing the economy into recession. Looking forward, we estimate Inflation Rate in Singapore to stand at 1.90 in 12 months time.

Inflation Rate in Singapore averaged 2.53 percent from 1962 until 2020, reaching an all time high of 34.30 percent in March of 1974 and a record low of -3.10 percent in September of 1976. Singapore: Non-oil exports rebound sharply in June.

READ: Singapore cuts 2020 GDP forecast range to -0.5% to 1.5% due to COVID-19 outbreak. Consumer prices drops at more moderate rate on an annual basis in June Highest 20% Income Group. FocusEconomics Consensus Forecast panelists expect consumer prices to fall 0.5% in 2020, which is unchanged from the previous month’s forecast. July 14, 2020 0.6%.

July 17, 2020. Recreation, alcoholic beverages, tobacco and others account for the remaining 16 percent of total weight.

Inflation Rate YoY In 2021, our panel expects inflation of 1.0%.5 years of economic forecasts for more than 30 economic indicators.Get a sample report showing our regional, country and commodities data and analysis. Markets Consumer prices increased 0.02% in June over the last month, which was below the 0.47% increase recorded in May.

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