Cost of food in Singapore increased 1.40 percent in December of 2018 over the same month in the previous year. Food Inflation in Singapore averaged 1.96 percent from 1975 until 2017, reaching an all time high of 15.62 percent in January of 1982 and a record low of -7.71 percent in August of 1976.
Food Inflation in Singapore is expected to be 1.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Singapore to stand at 1.30 in 12 months time. In the long-term, the Singapore Food Inflation is projected to trend around 1.70 percent in 2020, according to our econometric models.