Inflation Rate in Singapore averaged 2.55 percent from 1962 until 2019, reaching an all time high of 34.30 percent in March of 1974 and a record low of -3.10 percent in September of 1976. This page provides - Singapore Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Interactive Chart Singapore Inflation is at 0.58%, compared to -0.53% last year. This is lower than the long term average of 2.59%. The inflation rate for consumer prices in Singapore moved over the past 40 years between -1.4% and 8.5%. For 2019, an inflation rate of 0.6% was calculated. During the observation period from 1979 to 2019, the average inflation rate was 2.1% per year.