Inflation Singapore 2010

Average inflation: 2.8%

Current Inflation

Inflation is normal at 2.8%, around the ECB target.

Peak and Trough

The highest inflation was in December at 4.6%. The lowest inflation was in January at 0.2%.

Highest month
December: 4.6%
Lowest month
January: 0.2%
Difference
4.4 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Energy with an average of 2.3%. The lowest price increase was in Food with an average of 1.3%.

Highest increase
Energy: 2.3%
Lowest increase
Food: 1.3%

Historical Context

Current inflation is around the 5-year average of 2.6%.

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 2009, inflation has fallen by +2.2 percentage point.

Change vs. previous year
+2.2 percentage points
Largest monthly swing
December: +5.1 percentage points

ECB Target

Inflation is 0.8% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

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 €102.80 next year at this inflation rate.

Multi-year trend

Monthly figures 2010

Inflation by category

Food
1.3%
-1.4vs avg.
More details →
Energy
2.3%
-0.5vs avg.
More details →
Core inflation
1.5%
-1.3vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2009
January 0.2% -4.1
February 1.0% -2.2
March 1.6% -1.0
April 3.2% +2.9
May 3.2% +3.0
June 2.7% +2.7
July 3.1% +3.3
August 3.3% +3.6
September 3.7% +4.1
October 3.5% +4.4
November 3.8% +4.6
December 4.6% +5.1
Average 2.8%

Data source

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

See also