The Services Producer Price Indices increased in 2Q 2023 over 1Q 2023 for Warehousing & Storage (1.3%), Cargo Handling (0.4%), Computer Consultancy & Information Services (0.2%), while the price indices fell for Sea Freight Transport (-6.7%), Freight Forwarding (-4.6%), Accounting Services (-2.0%) and Telecommunication Services (-0.3%).

More info via 👉 www.singstat.gov.sg/sppi.

#economy #prices #SPPI

Explore trends in Consumer Price Index at Group and Class Levels using the interactive dashboard at 👉 go.gov.sg/cpigrpclassdb.

Manufacturing output decreased 10.5% in Aug 2023 on a seasonally adjusted month-on-month basis.

More info via 👉 www.edb.gov.sg.

#industry #manufacturing #IIP

The Import and Export Price indices rose 3.5% and 3.1% respectively in Aug 2023 over Jul 2023. Excluding Oil, the indices rose 0.3% and 0.2% respectively.

The Singapore Manufactured Products and Domestic Supply Price indices rose 2.6% and 4.0% respectively in Aug 2023 over Jul 2023. Excluding Oil, the indices rose 0.7% and 0.6% respectively.

More info via 👉 www.singstat.gov.sg/ppi.

#economy #prices #PPI

Explore trends in Singapore Manufactured Products Price Index using the interactive dashboard 👉 go.gov.sg/smppidb.

Explore trends in Singapore’s Gross External Debt by sector, maturity and instrument via the interactive dashboard at 👉 go.gov.sg/extdebtdb.

Explore trends in Singapore’s International Investment Position using the interactive dashboard at 👉 go.gov.sg/iipdb.

Singapore’s total population grew by 5.0% to reach 5.92 million as at end-Jun 2023. Check out Singapore’s latest population profile and more in the ‘Population Trends, 2023’ report at 👉 go.gov.sg/poptrends.

#population #PopTrends

Happy International Day of Older Persons!
 
#DYK The educational attainment of our seniors has improved over the decades with almost 20% of residents aged 65 years and over holding post-secondary or higher qualifications in 2020 compared to 2% in 1990.
 
Explore trends in Singapore’s Population, including educational attainment of our residents using the interactive dashboard 👉 go.gov.sg/poptrendsdb
 
#population #PopTrends #HighestQualificationAttained #InternationalDayofOlderPersons

Eligible academic researchers holding full time employment in local autonomous universities are welcome to apply for the Anonymised Microdata Access Programme (AMAP)!
 
Read more about the AMAP programme at 👉 go.gov.sg/dos-amap
 
#AMAP #Industry #Census #GHS #HES

Retail sales increased 4.0% in Aug 2023 compared to Aug 2022. Excluding motor vehicles, retail sales rose 3.7%. Sales of food & beverage services increased 8.6% in Aug 2023 compared to Aug 2022.

More info via 👉 www.singstat.gov.sg/mrs.

#industry #services #FSI #RSI

Happy Children’s Day!

#DYK About 499,000 residents are celebrating Children’s Day today.

Explore trends in Singapore’s Population using the interactive dashboard 👉 go.gov.sg/poptrendsdb

#population #PopTrends #ChildrensDay

Advance GDP Estimates for 3rd Quarter 2023 will be released on 13 Oct 2023, 8.00 a.m..

More info via 👉 www.singstat.gov.sg/advgdparc.

#economy #nationalaccounts #GDP

Advance estimates for 3Q 2023 indicate that on a quarter-on-quarter seasonally-adjusted basis, the economy expanded by 1.0%, faster than the 0.1% growth in 2Q 2023.

More info via 👉 www.singstat.gov.sg/advgdp.

#economy #nationalaccounts #GDP

Discover DOS’s role in data stewardship and governance and gain insights on Singapore’s growth cycle chronology, coincident and leading indicators.

Learn about the release and rebasing of Services Producer Price Indices, the adoption of technology for the compilation of Consumer Price Index and Singapore’s Balance of Payments services trade by modes of supply.

Read more in this issue of the Statistics Singapore Newsletter at 👉 www.singstat.gov.sg/ssn!

#SSN

Non-oil domestic exports grew by 11.1% in Sep 2023 on a month-on-month seasonally adjusted basis, after the previous month’s 6.6% decrease.

More info via 👉 www.enterprisesg.gov.sg.

#tradeandinvestment #trade

#DYK Singapore’s composite leading index (CLI) had maintained its lead over the composite coincident index, suggesting the continuing relevance of the existing CLI in identifying and anticipating Singapore’s growth cycles.

Read about the key findings of the recent review of the composite leading and coincident indices following Singapore’s economic recovery from the COVID-19 pandemic at 👉 go.gov.sg/ssn223-pg7-10
 
#SSN

#DYK Under the World Trade Organisation’s General Agreement on Trade in Services, trade in services is defined to cover four different modes of supply based on the locations of the supplier and consumer when a service is supplied.
 
Read about the compilation methodology and key findings from the experimental estimates at 👉 go.gov.sg/ssn223-pg11-15
 
#SSN

#DYK To enable greater data sharing, more granular sub-indices of the Services Producer Price Indices (SPPIs) were published in the SPPI report and an interactive dashboard was developed. This is useful for businesses to better track movements of prices in the services industries to evaluate their competitiveness.
 
Read about the release of more granular SPPIs and key insights from the rebasing of three SPPIs to base year 2022 at 👉 go.gov.sg/ssn223-pg21-25
 
#SSN

#DYK For the compilation of the Consumer Price Index (CPI), DOS performs web-scraping of hotel room rates using Python's Pyautogui and Pytesseract libraries, before loading the prices into the CPI computerised system for data compilation.
 
Read about DOS’s efforts in the adoption of technology for price data collection and compilation of the CPI at 👉 go.gov.sg/ssn223-pg16-20
 
#SSN