Inflation Rate and Consumer Price Index
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Singapore inflation rate

Singapore inflation summary for January 2024

Updated: February 23, 2024
Next update: March 25, 2024

Current Singapore inflation rate

January 2024
2.850%
The Consumer Price Index for Singapore is 114.572 for the month of January 2024. The inflation rate year over year is 2.850% (compared to 0.000% for the previous month). Inflation from December 2023 to January 2024 was -0.668%.

Previous Singapore Inflation Rate

December 2023 to January 2024
-0.668%

Month-to-Month Singapore Inflation Rate

December 2023
0.000%

Recent inflation rates for Singapore

YearjanfebmaraprmayjunjulaugsepoctnovdecAnnual
20242.850%
20236.629%6.301%5.522%5.746%5.052%4.514%4.110%4.041%4.115%4.748%3.561%3.739%4.821%
20224.014%4.320%5.385%5.419%5.609%6.676%7.046%7.465%7.483%6.744%6.733%6.460%6.121%
20210.236%0.734%1.307%2.079%2.416%2.382%2.515%2.429%2.515%3.248%3.850%3.951%2.305%
20200.822%0.326%-0.039%-0.743%-0.842%-0.538%-0.411%-0.401%-0.008%-0.219%-0.149%0.024%-0.182%
All inflation rates are calculated using the Singapore Consumer Price Index (CPI) series.