Singapore's Manufactured Products Price Index rose 5% year over year in November, extending the 7.1% increase in the preceding month, the Department of Statistics reported Monday.

The oil index fell 4.3%, while the non-oil index gained 6.6% on-year during the month, supported by increased prices in machinery and transport equipment.

Month-over-month, manufacturing prices fell 0.3% after an unchanged reading in November. The oil index gained 0.6%, while the non-oil index fell by 0.5% on the month, the data showed.

Meanwhile, Singapore's Domestic Supply Price Index rose 2.2% in November, following a 3.1% increase in October. The oil index dipped 7.2%, but the non-oil index climbed 5.5%, driven by a higher machinery & transport equipment index, the data showed.

Month-on-month, the Domestic Supply Price Index remained unchanged in November. The oil index gained 1.1%, while the non-oil index was down 0.3%.