Inflation Singapore 2015

Average inflation: -0.5%

Current Inflation

There is deflation with consumer prices declining by 0.5%.

Peak and Trough

The highest inflation was in February at -0.3%. The lowest inflation was in August at -0.8%.

Highest month
February: -0.3%
Lowest month
August: -0.8%
Difference
0.5 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Food with an average of 1.9%. The lowest price increase was in Energy with an average of -3.5%.

Highest increase
Food: 1.9%
Lowest increase
Energy: -3.5%

Historical Context

Current inflation is 3.0% lower than the 5-year average of 2.5%.

5-year average
2.5%
10-year average
2.6%
All-time high (2008)
6.6%
All-time low (2015)
-0.5%

Trend

Inflation shows a downward trend. Compared to 2014, inflation has fallen by +1.5 percentage point.

Change vs. previous year
-1.5 percentage points
Largest monthly swing
April: -2.8 percentage points

ECB Target

Inflation is 2.5% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.

Purchasing Power

Due to deflation, purchasing power increases. Money becomes more valuable instead of less.

What you could buy for €100 this year will cost approximately €99.50 next year at this inflation rate.

Multi-year trend

Monthly figures 2015

Inflation by category

Food
1.9%
+2.4vs avg.
More details →
Energy
-3.5%
-3.0vs avg.
More details →
Core inflation
0.5%
+1.0vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2014
January -0.4% -1.8
February -0.3% -0.7
March -0.3% -1.5
April -0.5% -2.8
May -0.4% -2.7
June -0.3% -2.2
July -0.4% -1.7
August -0.8% -1.8
September -0.6% -1.3
October -0.8% -1.0
November -0.8% -0.5
December -0.6% -0.5
Average -0.5%

Data source

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

See also