Download the full Asia-Pacific Daily Briefing Singapore’s headline and core inflation readings cooled significantly in March. Headline inflation eased to 2.7% year on year from 3.4% in February. This marked the lowest reading since the middle of the pandemic in September 2021. Falling car prices led the moderation. Car prices have been volatile in recent months because of fluctuations in premiums for certificates of entitlement. A COE is needed...
GDP | Reference | Last | Previous | Units | Frequency |
---|---|---|---|---|---|
Real Gross Domestic Product | 2024 Q1 | 133,979 | 137,319 | Mil. Ch. 2015 SGD, NSA | Quarterly |
Real Private Consumption | 2023 Q4 | 49,198 | 46,649 | Mil. Ch. 2015 SGD, NSA | Quarterly |
Private Consumption | 2023 Q4 | 55,303 | 52,294 | Mil. SGD, NSA | Quarterly |
Nominal Gross Domestic Product | 2023 Q4 | 176,412 | 168,373 | Mil. SGD, NSA | Quarterly |
Real Investment | 2023 Q4 | 31,665 | 31,248 | Mil. Ch. 2015 SGD, NSA | Quarterly |
Nominal Fixed Investment (gross fixed capital formation) | 2023 Q4 | 38,846 | 37,197 | Mil. SGD, NSA | Quarterly |
Real Fixed Investment (gross fixed capital formation) | 2023 Q4 | 33,169 | 32,312 | Mil. Ch. 2015 SGD, NSA | Quarterly |
Investment | 2022 | 132,830,300,000 | 122,178,400,000 | SGD | Annual |
Price | Reference | Last | Previous | Units | Frequency |
Consumer Price Index (CPI) | Mar 2024 | 115.66 | 115.77 | Index 2019=100, NSA | Monthly |
Producer Price Index (PPI) | Feb 2024 | 101.37 | 101.04 | Index 2018=100, NSA | Monthly |
Labor | Reference | Last | Previous | Units | Frequency |
Wage & Salaries | 2023 Q4 | 6,792 | 6,153 | SGD, NSA | Quarterly |
Unemployment | 2023 Q4 | 71.3 | 76.1 | Ths. #, NSA | Quarterly |
Unemployment Rate | 2023 Q4 | 2 | 2 | %, SA | Quarterly |
Secondary Industries Employment | 2022 | 484 | 450.2 | Ths. # EOP | Annual |
Tertiary Industries Employment | 2022 | 2,886 | 2,761 | Ths. # EOP | Annual |
Labor Force Employment | 30 Jun 2022 | 3,656 | 3,483 | Ths. # | 365 days |
Labor Force | 30 Jun 2022 | 3,754 | 3,607 | Ths. # | 365 days |
Agriculture Employment | 2017 | 3,887 | 3,851 | # | Annual |
Total Employment | 2017 | 3,669 | 3,673 | Ths. #, End | Annual |
Trade | Reference | Last | Previous | Units | Frequency |
Current Account Balance | 2023 Q4 | 34,411 | 33,959 | Mil. SGD, NSA | Quarterly |
Balance of Goods | 2023 Q4 | 52,921 | 52,897 | Mil. SGD, NSA | Quarterly |
Imports of Goods | 2023 Q4 | 136,982 | 133,227 | Mil. SGD, NSA | Quarterly |
Exports of Goods | 2023 Q4 | 189,904 | 186,125 | Mil. SGD, NSA | Quarterly |
Real Exports of Goods and Services | 2023 Q4 | 273,172 | 252,571 | Mil. Ch. 2015 SGD, NSA | Quarterly |
Imports of Goods and Services | 2023 Q4 | 239,089 | 231,051 | Mil. SGD, NSA | Quarterly |
Exports of Goods and Services | 2023 Q4 | 305,754 | 294,905 | Mil. SGD, NSA | Quarterly |
Real Net Exports | 2023 Q4 | 43,932 | 41,292 | Mil. Ch. 2015 SGD, SA | Quarterly |
Real Imports of Goods and Services | 2023 Q4 | 229,432 | 209,808 | Mil. Ch. 2015 SGD, NSA | Quarterly |
Net Exports | 2023 Q4 | 66,665 | 63,853 | Mil. SGD, NSA | Quarterly |
Government | Reference | Last | Previous | Units | Frequency |
Government Revenues | Feb 2024 | 12,149 | 6,488 | Mil. SGD, NSA | Monthly |
Outstanding Public Debt | 2023 Q4 | 1,150,259 | 1,120,973 | Mil. SGD EOP, NSA | Quarterly |
Outstanding Public Debt - Foreign | 2023 Q4 | 0 | 0 | Mil. SGD EOP, NSA | Quarterly |
Outstanding Public Debt - Domestic | 2023 Q4 | 1,150,259 | 1,120,973 | Mil. SGD EOP, NSA | Quarterly |
Government Expenditures | 2023 Q4 | 20,666 | 20,062 | Mil. SGD, NSA | Quarterly |
Government Budget Balance | 2023 Q4 | 4,399 | 15,811 | Mil. SGD, SAAR | Quarterly |
Markets | Reference | Last | Previous | Units | Frequency |
Money Market Rate | Jul 2021 | 0.27 | 0.07 | % p.a., NSA | Monthly |
Lending Rate | Jun 2021 | 5.25 | 5.25 | % p.a., NSA | Monthly |
Stock Market Index | 30 Dec 2014 | 804.78 | 804.96 | Index, NSA | Business Daily |
Treasury Bills (over 31 days) | Aug 2013 | 0.24 | 0.26 | % p.a., NSA | Monthly |
Real Estate | Reference | Last | Previous | Units | Frequency |
House Price Index | 2023 Q4 | 201.5 | 196 | Index 2009Q1=100, NSA | Quarterly |
Vacancy | 2023 Q4 | 33,340 | 34,341 | # EOP, NSA | Quarterly |
Residential Building Permits | 2020 Q1 | 1,827 | 2,151 | # of units, NSA | Quarterly |
Building Permits | 2020 Q1 | 1,997 | 2,767 | # of units, NSA | Quarterly |
Residential Housing Starts | 2020 Q1 | 2,113 | 4,317 | # of units, NSA | Quarterly |
Residential Building Completions | 2020 Q1 | 1,528 | 2,298 | # of units, NSA | Quarterly |
Consumer | Reference | Last | Previous | Units | Frequency |
Retail Sales | Feb 2024 | 106.22 | 103.1 | Index 2017=100, SA | Monthly |
Business | Reference | Last | Previous | Units | Frequency |
Industrial Production | Mar 2024 | 109.13 | 129.98 | Index 2019=100, SA | Monthly |
Change in Inventories | 2017 | 12,657,600,000 | 2,030,100,000 | NCU | Annual |
Real Change in Inventories | 2017 | 13,947,700,000 | 2,253,900,000 | NCU | Annual |
Demographics | Reference | Last | Previous | Units | Frequency |
Population | 2023 | 4,149,253 | 4,073,239 | # | Annual |
Deaths | 2022 | 26,891 | 24,292 | # | Annual |
Net Migration | 2017 | 298,448 | # | Annual | |
Birth Rate | 2016 | 9.4 | 9.7 | # per Ths. pop. | Annual |
Death Rate | 2002 | 4.4 | 4.3 | # per Ths. pop. | Annual |