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InstaForex - Official partner of Dragon Racing

This section features the most important information about trading with InstaForex. We provide both analysis from leading experts for experienced traders and articles on trading conditions for beginners. Our services will help increase your profit potential.

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2020.05.2911:11:00UTC+00Singapore Producer Prices Fall In April

Singapore's producer prices declined at a faster rate in April, data from the Department of Statistics showed on Friday.

The manufacturing producer price index fell 8.7 percent year-on-year in April, following a 5.8 percent decline in March.

The oil index declined 61.9 percent annually in April, while non-oil indices rose 0.4 percent.

On a monthly basis, producer prices fell 4.5 percent in April, following a 2.3 percent decrease in the preceding month.

Another report from the statistical office showed that the import prices fell 13.3 percent annually in April, following a 7.9 percent decrease in the previous month.

On a month-on-month basis, import prices fell 5.0 percent in April, following a 5.3 percent decrease in the prior month.

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