Inflation Singapore 2014
Average inflation: 1.0%
Current Inflation
Inflation is low at 1.0%, below the ECB target of 2%.
Peak and Trough
The highest inflation was in April at 2.3%. The lowest inflation was in November at -0.3%.
- Highest month
- April: 2.3%
- Lowest month
- November: -0.3%
- Difference
- 2.6 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 2.9%. The lowest price increase was in Energy with an average of 0.1%.
- Highest increase
- Food: 2.9%
- Lowest increase
- Energy: 0.1%
Historical Context
Current inflation is 2.2% lower than the 5-year average of 3.2%.
- 5-year average
- 3.2%
- 10-year average
- 2.9%
- All-time high (2008)
- 6.6%
- All-time low (2009)
- 0.6%
Trend
Inflation shows a downward trend. Compared to 2013, inflation has fallen by +1.4 percentage point.
- Change vs. previous year
- -1.4 percentage points
- Largest monthly swing
- February: -4.5 percentage points
ECB Target
Inflation is 1.0% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.
Purchasing Power
At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.
What you could buy for €100 this year will cost approximately €101.00 next year at this inflation rate.
Multi-year trend
Monthly figures 2014
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2013 |
|---|---|---|
| January | 1.4% | -2.2 |
| February | 0.4% | -4.5 |
| March | 1.2% | -2.3 |
| April | 2.3% | +0.8 |
| May | 2.3% | +0.7 |
| June | 1.9% | +0.1 |
| July | 1.3% | -0.6 |
| August | 1.0% | -1.0 |
| September | 0.7% | -0.9 |
| October | 0.2% | -1.8 |
| November | -0.3% | -2.9 |
| December | -0.1% | -1.6 |
| Average | 1.0% |
Data source
Data from WorldBank. Last updated: 06/01/2026.