Manufacturing production in Singapore declined by 3.1 percent year-on-year in January 2019, following a downwardly revised 1.7 percent gain in the previous month and compared with market consensus of a 3 percent drop. It was the first fall in manufacturing output since December 2017, amid decreases in production of electronics (-13.7 pct vs 11.5 pct in December); and precision engineering (-15.7 percent vs -7 percent). In addition, output growth slowed for biomedical manufacturing (10 pct vs 29.8 pct); and transport engineering (20.2 pct vs 27.7 pct). On the other hand, output rebounded for chemicals (2 percent vs -1.7 percent) and general manufacturing industries (3.2 percent vs -5.9 percent). On a monthly basis, factory output rose 0.9 percent in January, below market expectations of a 2 percent gain and after a downwardly revised 5.2 percent decline in December. Industrial Production in Singapore averaged 7.02 percent from 1984 until 2019, reaching an all time high of 58.60 percent in May of 2010 and a record low of -32.20 percent in March of 2009.

Industrial Production in Singapore is expected to be 4.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Singapore to stand at 10.00 in 12 months time. In the long-term, the Singapore Manufacturing Production is projected to trend around 13.00 percent in 2020, according to our econometric models.

Singapore Manufacturing Production
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2018-11-26 05:00 AM Industrial Production YoY 4.3% -0.1% 2.3% 1.7%
2018-12-26 05:00 AM Industrial Production YoY 7.6% 5.5% 2.3% 2.1%
2019-01-25 05:00 AM Industrial Production YoY 2.7% 7.6% 4.4% 3.7%
2019-02-26 05:00 AM Industrial Production YoY -3.1% 1.7% -3% -2%
2019-03-26 05:00 AM Industrial Production YoY -3.1% 1.5%
2019-04-26 05:00 AM Industrial Production YoY 4.5%
2019-05-24 05:00 AM Industrial Production YoY


Singapore Business Last Previous Highest Lowest Unit
Business Confidence -14.00 -1.00 54.00 -57.00 Index Points [+]
Manufacturing PMI 50.40 50.70 53.10 48.30 [+]
Industrial Production -3.10 1.70 58.60 -32.20 percent [+]
Industrial Production Mom 0.90 -5.20 29.70 -21.80 percent [+]
Changes in Inventories 3416.80 4488.80 6742.20 -6542.70 SGD Million [+]
Bankruptcies 152.00 119.00 507.00 78.00 Companies [+]
Car Registrations 7284.00 11782.00 16204.00 2659.00 [+]
Leading Economic Index 112.00 112.00 112.70 25.50 Index Points [+]
Internet Speed 20345.58 20174.80 20345.58 2170.47 KBps [+]
IP Addresses 1595352.00 1509471.00 1685917.00 433610.00 IP [+]
Competitiveness Index 83.48 82.97 83.48 5.44 Points [+]
Competitiveness Rank 2.00 2.00 8.00 2.00 [+]
Composite Pmi 49.80 50.10 56.80 49.40 [+]
Ease of Doing Business 2.00 2.00 3.00 1.00 [+]
Corruption Index 85.00 84.00 94.00 84.00 Points [+]
Corruption Rank 3.00 6.00 9.00 1.00 [+]


Singapore Manufacturing Production

In Singapore, industrial production measures the output of businesses integrated in the manufacturing sector of the economy. This page provides the latest reported value for - Singapore Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Singapore Manufacturing Production - actual data, historical chart and calendar of releases - was last updated on March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-3.10 1.70 58.60 -32.20 1984 - 2019 percent Monthly




Country Last Previous
Argentina -10.80 Jan/19
Australia 2.80 Sep/18
Brazil -2.60 Jan/19
Canada 4.20 Oct/18
China 5.30 Feb/19
Euro Area -1.10 Jan/19
France 1.70 Jan/19
Germany -3.30 Jan/19
India 1.70 Jan/19
Indonesia 5.20 Jan/19
Italy -0.80 Jan/19
Japan 0.30 Jan/19
Mexico -0.90 Jan/19
Netherlands 0.40 Nov/18
Russia 4.10 Feb/19
Saudi Arabia 5.84 Jun/18
Singapore -3.10 Jan/19
South Africa 0.30 Jan/19
South Korea 0.10 Jan/19
Spain 2.40 Jan/19
Switzerland 5.10 Dec/18
Turkey -7.30 Jan/19
United Kingdom -0.90 Jan/19
United States 3.50 Feb/19


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