Singapore's producer prices increased for the third straight month in September and at an accelerated pace, data from the Department of Statistics showed on Wednesday.
The manufacturing producer price index climbed 7.3 percent year over year in September, faster than the 6.0 percent rise in August.
The non-oil index surged 8.5 percent annually in September, led by the machinery and transport equipment index amid higher prices of miscellaneous manufactured articles, food and live animals, animal and vegetable oils, and beverages and tobacco. Meanwhile, the non-oil index rose only 0.2 percent.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.