Inflation Singapore 2011
Average inflation: 5.2%
Current Inflation
Inflation is very high at 5.2%, far above the ECB target.
Peak and Trough
The highest inflation was in August at 5.7%. The lowest inflation was in April at 4.5%.
- Highest month
- August: 5.7%
- Lowest month
- April: 4.5%
- Difference
- 1.2 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 9.0%. The lowest price increase was in Core inflation with an average of 2.2%.
- Highest increase
- Energy: 9.0%
- Lowest increase
- Core inflation: 2.2%
Historical Context
Current inflation is 1.7% higher than the 5-year average of 3.5%.
- 5-year average
- 3.5%
- 10-year average
- 3.1%
- All-time high (2008)
- 6.6%
- All-time low (2009)
- 0.6%
Trend
Inflation shows an upward trend. Compared to 2010, inflation has risen by +2.4 percentage point.
- Change vs. previous year
- +2.4 percentage points
- Largest monthly swing
- January: +5.3 percentage points
ECB Target
Inflation is 3.2% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for €100 this year will cost approximately €105.20 next year at this inflation rate.
Multi-year trend
Monthly figures 2011
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2010 |
|---|---|---|
| January | 5.5% | +5.3 |
| February | 5.0% | +4.0 |
| March | 5.0% | +3.4 |
| April | 4.5% | +1.3 |
| May | 4.5% | +1.3 |
| June | 5.2% | +2.5 |
| July | 5.4% | +2.3 |
| August | 5.7% | +2.4 |
| September | 5.5% | +1.8 |
| October | 5.4% | +1.9 |
| November | 5.7% | +1.9 |
| December | 5.5% | +0.9 |
| Average | 5.2% |
Data source
Data from WorldBank. Last updated: 06/01/2026.