The Singapore Department of Statistics has reported notable increases in the country’s price indices for January 2025. The Import Price Index rose by 1.7%, whilst the Export Price Index saw a 0.9% increase.
Additionally, the Singapore Manufactured Products and Domestic Supply Price Indices experienced significant growth, rising by 3.7% and 3.6% respectively compared to December 2024.
Excluding oil, the indices still showed positive movement. The Import Price Index increased by 0.6%, the Singapore Manufactured Products Price Index by 3.4%, and the Domestic Supply Price Index by 2.9%. However, the Export Price Index remained unchanged when oil was excluded.
These statistics are part of the monthly reports released by the Singapore Department of Statistics, which provide insights into the economic trends affecting the nation. The detailed figures are available in the Monthly Import and Export Price Indices and the Monthly Singapore Manufactured Products and Domestic Supply Price Indices, accessible through the SingStat Table Builder.
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