Inflation Singapore 2009
Average inflation: 0.6%
Current Inflation
Inflation is very low at 0.6%, well below the ECB target.
Peak and Trough
The highest inflation was in January at 4.3%. The lowest inflation was in October at -0.9%.
- Highest month
- January: 4.3%
- Lowest month
- October: -0.9%
- Difference
- 5.2 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 2.4%. The lowest price increase was in Core inflation with an average of 0.0%.
- Highest increase
- Energy: 2.4%
- Lowest increase
- Core inflation: 0.0%
Historical Context
Current inflation is 2.0% lower than the 5-year average of 2.6%. This approaches the lowest level since records began (0.6% in 2009).
- 5-year average
- 2.6%
- 10-year average
- 2.6%
- All-time high (2008)
- 6.6%
- All-time low (2009)
- 0.6%
Trend
Inflation shows a downward trend. Compared to 2008, inflation has fallen by +6.0 percentage point.
- Change vs. previous year
- -6.0 percentage points
- Largest monthly swing
- June: -7.5 percentage points
ECB Target
Inflation is 1.4% 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 €100.60 next year at this inflation rate.
Multi-year trend
Monthly figures 2009
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2008 |
|---|---|---|
| January | 4.3% | -2.3 |
| February | 3.2% | -3.4 |
| March | 2.6% | -4.1 |
| April | 0.3% | -7.3 |
| May | 0.2% | -7.3 |
| June | 0.0% | -7.5 |
| July | -0.2% | -6.8 |
| August | -0.3% | -6.7 |
| September | -0.4% | -7.2 |
| October | -0.9% | -7.3 |
| November | -0.8% | -6.3 |
| December | -0.5% | -5.9 |
| Average | 0.6% |
Data source
Data from WorldBank. Last updated: 06/01/2026.