Singapore's manufacturing prices continued to surge in April, backed by strong performances across the oil and non-oil indices, the city-state's Department of Statistics reported Friday.
Singapore's Manufactured Products Price Index jumped 27.5% year on year in April, extending the 20.2% increase in March.
The oil index jumped 69.2%, while the non-oil index rose 21.4% on-year during the month, the filing said.
Month-over-month, manufacturing prices rose 6.7%, following a 11.2% increase in the previous month. The oil index gained 4.1%, while the non-oil index rose by 7.3% on the month, the data showed.
Meanwhile, Singapore's Domestic Supply Price Index jumped 31.6% in April, extending a 26.7% surge in March. The oil index zoomed 79.3%, and the non-oil index climbed by 17.1%, the data showed.
Month-on-month, the Domestic Supply Price Index rose 3.1%, moderating from a 21% rise in the previous month. The oil index slipped 1.6%, while the non-oil index was up 5.4%.
