Inflation Singapore 2013

Average inflation: 2.4%

Current Inflation

Inflation is normal at 2.4%, around the ECB target.

Peak and Trough

The highest inflation was in February at 4.9%. The lowest inflation was in April at 1.5%.

Highest month
February: 4.9%
Lowest month
April: 1.5%
Difference
3.4 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Energy with an average of 2.9%. The lowest price increase was in Core inflation with an average of 1.7%.

Highest increase
Energy: 2.9%
Lowest increase
Core inflation: 1.7%

Historical Context

Current inflation is 0.7% lower than the 5-year average of 3.1%.

5-year average
3.1%
10-year average
3.2%
All-time high (2008)
6.6%
All-time low (2009)
0.6%

Trend

Inflation shows a downward trend. Compared to 2012, inflation has fallen by +2.2 percentage point.

Change vs. previous year
-2.2 percentage points
Largest monthly swing
April: -3.9 percentage points

ECB Target

Inflation is 0.4% 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 €102.40 next year at this inflation rate.

Multi-year trend

Monthly figures 2013

Inflation by category

Food
2.1%
-0.3vs avg.
More details →
Energy
2.9%
+0.5vs avg.
More details →
Core inflation
1.7%
-0.7vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2012
January 3.6% -1.2
February 4.9% +0.3
March 3.5% -1.7
April 1.5% -3.9
May 1.6% -3.4
June 1.8% -3.5
July 1.9% -2.1
August 2.0% -1.9
September 1.6% -3.1
October 2.0% -2.0
November 2.6% -1.0
December 1.5% -2.8
Average 2.4%

Data source

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

See also