Import prices in Singapore fell 1.4% year-on-year in February 2026, easing from an upwardly revised 4.0% decline in January. Deflation slowed for mineral fuels, lubricants, and related materials (-11.3% vs -16.9% in January) and chemicals and chemical products (-4.3% vs -5.6%). Additionally, prices rose at a faster pace for crude materials, excluding fuels (16.8% vs 9.1%), and rebounded for animal and vegetable oils, fats, and waxes (0.8% vs -2.8%) and machinery and transport equipment (1.4% vs -1.1%). In contrast, prices for food and live animals fell further (-3.4% vs -2.9%). Inflation also moderated for beverages and tobacco (0.7% vs 1.1%), manufactured goods (2.2% vs 2.4%), and miscellaneous manufactured articles (8.4% vs 8.7%). source: Statistics Singapore
Import Prices YoY in Singapore averaged 0.49 percent from 1975 until 2026, 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. This page includes a chart with historical data for Singapore Import Prices YoY. Singapore Import Prices YoY - data, historical chart, forecasts and calendar of releases - was last updated on April of 2026.
Import Prices YoY in Singapore is expected to be 3.30 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 2.00 percent in 2027, according to our econometric models.