Inflation Singapore 2010

Average inflation: 2.8%

Inflation in 2010

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

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

Over the period 2008-2010, inflation shows a downward trend. Compared to 2009, inflation has risen by 2.2 percentage points.

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

ECB Target

Inflation is 0.8 percentage points 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 SGD 100 this year will cost approximately SGD 102.80 next year at this inflation rate.

Multi-year trend

Monthly figures 2010

Inflation by category

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

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