Singapore Producer Price Index

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Singapore Producer Price Index: 101.5 (-0.68%)
Last Update: May 31, 2024

Singapore Producer Price Index closed down 101.5 as of May 31, 2024 from 102.2 from the previous month and 98.87 from last year.


Singapore Producer Price Index Analytics & Data




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Singapore Producer Price Index closing prices of the last 24 values are displayed below. Sign up free to download the full historical data series using MacroVar Web/Excel or API.

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Singapore Producer Price Index

DateValues
2024-05-31 101.5
2024-04-30 102.2
2024-03-31 98.3
2024-02-29 98.69
2024-01-31 98.98
2023-12-31 99.31
2023-11-30 100.34
2023-10-31 100.78
2023-09-30 101.75
2023-08-31 99.75
2023-07-31 97.92
2023-06-30 97.37
2023-05-31 98.87
2023-04-30 100.16
2023-03-31 100.28
2023-02-28 101.72
2023-01-31 109.97
2022-12-31 110.92
2022-11-30 116.02
2022-10-31 119.01
2022-09-30 119.45
2022-08-31 121.5
2022-07-31 123.65
2022-06-30 129.32

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Singapore Producer Price Index Statistics


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlopePercentileUpdate
Producer Price Indexsg.producerprices101.5102.2-13UPUP652024-05-31

Singapore Producer Price Index Factors

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Singapore Producer Price Index Historical Data

The MacroVar database offers free access to historical data for the Singapore Producer Price Index, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Singapore Producer Price Index data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Singapore Producer Price Index

The Singapore Producer Price Index (PPI) is a measure of the average changes in selling prices received by domestic producers for their goods and services over time. It is an important economic indicator that reflects the cost of production and inflationary pressures at the producer level. The PPI is used by policymakers, businesses, and investors to monitor trends in input costs, gauge competitiveness, and make informed decisions on pricing strategies. A higher PPI indicates increasing production costs, which could potentially lead to higher consumer prices and inflation. Conversely, a lower PPI suggests stable or decreasing production costs, which may lead to lower consumer prices and deflation. Overall, the Singapore PPI provides valuable insights into the health and direction of the country's economy.

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