Inflation Singapore 2012

Average inflation: 4.6%

Current Inflation

Inflation is high at 4.6%, well above the ECB target.

Peak and Trough

The highest inflation was in April at 5.4%. The lowest inflation was in November at 3.6%.

Highest month
April: 5.4%
Lowest month
November: 3.6%
Difference
1.8 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Energy with an average of 8.5%. The lowest price increase was in Food with an average of 2.3%.

Highest increase
Energy: 8.5%
Lowest increase
Food: 2.3%

Historical Context

Current inflation is 0.6% higher than the 5-year average of 4.0%.

5-year average
4%
10-year average
3.3%
All-time high (2008)
6.6%
All-time low (2009)
0.6%

Trend

Inflation shows an upward trend. Compared to 2011, inflation has risen by -0.6 percentage point.

Change vs. previous year
-0.6 percentage points
Largest monthly swing
November: -2.1 percentage points

ECB Target

Inflation is 2.6% 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 €104.60 next year at this inflation rate.

Multi-year trend

Monthly figures 2012

Inflation by category

Food
2.3%
-2.3vs avg.
More details →
Energy
8.5%
+3.9vs avg.
More details →
Core inflation
2.5%
-2.0vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2011
January 4.8% -0.7
February 4.6% -0.4
March 5.2% +0.2
April 5.4% +0.9
May 5.0% +0.5
June 5.3% +0.1
July 4.0% -1.4
August 3.9% -1.8
September 4.7% -0.8
October 4.0% -1.4
November 3.6% -2.1
December 4.3% -1.2
Average 4.6%

Data source

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

See also