Singapore - Producer Price Index (PPI)





Singapore: Producer Price Index (PPI)

Mnemonic PPI.ISGP
Unit Index 2018=100, NSA
Adjustments Not Seasonally Adjusted
Monthly 0.22 %
Data Jan 2024 100.62
Dec 2023 100.84

Series Information

Source Singapore Department of Statistics (DOS)
Release Singapore Manufactured Products Price Index (SMPPI)
Frequency Monthly
Start Date 1/31/1974
End Date 1/31/2024

Singapore: Price

Reference Last Previous Units Frequency
Consumer Price Index (CPI) Feb 2024 115.77 114.57 Index 2019=100, NSA Monthly
Producer Price Index (PPI) Jan 2024 100.62 100.84 Index 2018=100, NSA Monthly

Release Information

For Singapore, the cyclical indicators measures the change in the price level of goods manufactured locally and imports which are retained for use in the domestic economy. Monthly from 1974.

The Singapore Manufactured Products Price Index (SMPPI) monitors price changes of locally manufactured commodities. The weights of the index are derived from the distribution of local production by commodity in 2023. Ex-factory prices are obtained from principal manufacturers of the items concerned.

Active:

  • Measurement: Fixed-base index relative to 2023 (Index 2023=100)
  • Adjustment: Not seasonally adjusted (NSA)
  • Native frequency: Monthly
  • Start date: 1974m1

Predecessors:

  • 2018=100 - 1974m1 to 2023m12 ("_18")
  • 2012=100 - 1974m1 to 2019m1 ("_12")
  • 2006=100 - 1974m1 to 2013m1 ("06")

Global concept aliases:

  • PPI.ISGP

The methodology used to compile the PPIs in Singapore makes reference to international recommendations given in the “Producer Price Index Manual 2004” by the International Monetary Fund.

Products surveyed are classified according to the UN Standard International Trade Classification (SITC).

Data collection from the sampled establishments is carried out on a monthly basis. Prices at, or nearest to, the 15th of each month are surveyed.

Yes. Data may be revised to include late submissions and amendments by respondents.

Further reading

At the source:

At IMF (SDDS):

  • Sep 2005 - Initial version: Base 2006.
  • Apr 2013 - Rebased to 2012.
  • Apr 2018 - Rebased to 2018.
  • 13 Mar 2024, Phillip Thorne - Rebased to 2023: Properties.