Singapore inflation rate for 2023 was 4.82%, a 1.3% decline from 2022.
Singapore inflation rate for 2022 was 6.12%, a 3.82% increase from 2021.
Singapore inflation rate for 2021 was 2.30%, a 2.49% increase from 2020.
Singapore inflation rate for 2020 was -0.18%, a 0.75% decline from 2019.
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
