Industrial Production in Singapore decreased 9.40 percent in November of 2019 over the previous month. Industrial Production Mom in Singapore averaged 0.64 percent from 1983 until 2019, reaching an all time high of 29.70 percent in January of 2011 and a record low of -21.80 percent in June of 2010. source: Singapore Economic Development Board
Industrial Production Mom in Singapore is expected to be 1.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production Mom in Singapore to stand at 0.20 in 12 months time. In the long-term, the Singapore Manufacturing Production MoM is projected to trend around 1.60 percent in 2020, according to our econometric models.