Inflation Singapore 2006

Average inflation: 1.0%

Current Inflation

Inflation is low at 1.0%, below the ECB target of 2%.

Peak and Trough

The highest inflation was in January at 1.7%. The lowest inflation was in September at 0.4%.

Highest month
January: 1.7%
Lowest month
September: 0.4%
Difference
1.3 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Energy with an average of 3.3%. The lowest price increase was in Food with an average of 1.6%.

Highest increase
Energy: 3.3%
Lowest increase
Food: 1.6%

Historical Context

Current inflation is around the 5-year average of 1.0%. This approaches the highest level since records began (1.0% in 2006).

5-year average
1%
10-year average
1%
All-time high (2006)
1%
All-time low (2006)
1%

Trend

ECB Target

Inflation is 1.0% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.

Purchasing Power

At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.

What you could buy for €100 this year will cost approximately €101.00 next year at this inflation rate.

Multi-year trend

Monthly figures 2006

Inflation by category

Food
1.6%
+0.6vs avg.
More details →
Energy
3.3%
+2.3vs avg.
More details →
Core inflation
1.7%
+0.7vs avg.
More details →

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation
January 1.7%
February 1.2%
March 1.2%
April 1.1%
May 1.1%
June 1.4%
July 1.1%
August 0.7%
September 0.4%
October 0.4%
November 0.5%
December 0.8%
Average 1.0%

Data source

Data from WorldBank. Last updated: 06/01/2026.

See also