Inflation Singapore 2007
Average inflation: 2.1%
Current Inflation
Inflation is normal at 2.1%, around the ECB target.
Peak and Trough
The highest inflation was in November at 4.9%. The lowest inflation was in January at -0.6%.
- Highest month
- November: 4.9%
- Lowest month
- January: -0.6%
- Difference
- 5.5 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 3.0%. The lowest price increase was in Energy with an average of 0.2%.
- Highest increase
- Food: 3.0%
- Lowest increase
- Energy: 0.2%
Historical Context
Current inflation is 0.6% higher than the 5-year average of 1.6%. This approaches the highest level since records began (2.1% in 2007).
- 5-year average
- 1.6%
- 10-year average
- 1.6%
- All-time high (2007)
- 2.1%
- All-time low (2006)
- 1%
Trend
Inflation shows an upward trend. Compared to 2006, inflation has risen by +1.1 percentage point.
- Change vs. previous year
- +1.1 percentage points
- Largest monthly swing
- November: +4.4 percentage points
ECB Target
Inflation is close to the ECB target of 2.0%.
Purchasing Power
At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.
What you could buy for €100 this year will cost approximately €102.10 next year at this inflation rate.
Multi-year trend
Monthly figures 2007
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2006 |
|---|---|---|
| January | -0.6% | -2.3 |
| February | 0.0% | -1.2 |
| March | 0.2% | -1.0 |
| April | 0.5% | -0.6 |
| May | 1.3% | +0.2 |
| June | 1.7% | +0.3 |
| July | 3.0% | +1.9 |
| August | 3.4% | +2.7 |
| September | 3.0% | +2.6 |
| October | 4.1% | +3.7 |
| November | 4.9% | +4.4 |
| December | 3.8% | +3.0 |
| Average | 2.1% |
Data source
Data from WorldBank. Last updated: 06/01/2026.