Manufacturing production in Singapore declined by 0.4 percent year-on-year in July 2019, after an upwardly revised 8.1 percent fall in the previous month and compared to market consensus of a 4.9 percent decrease. It was the fifth straight month of yearly decline in factory output, with both output of electronics (-0.9 percent vs -18.2 percent in June) and transport engineering (-0.2 percent vs -15 percent) falling much softer. At the same time, production rebounded for both chemicals (2.2 percent vs -3.3 percent) and general manufacturing industries (6.9 percent vs -0.8 percent). Meanwhile, production grew further for biomedical manufacturing (0.8 percent vs 5.4 percent). On a monthly basis, manufacturing production rose unexpectedly by 3.6 percent in July, beating estimates of a 1.8 percent drop and swinging from a revised 0.3 percent fall in June. Industrial Production in Singapore averaged 6.90 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 2.60 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 3.00 in 12 months time. In the long-term, the Singapore Manufacturing Production is projected to trend around 6.00 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
2019-05-24 05:00 AM Industrial Production YoY Apr 0.1% -4.3% -3.5% -2%
2019-06-26 05:00 AM Industrial Production YoY May -2.4% -0.1% -2.2% -2.4%
2019-07-26 05:00 AM Industrial Production YoY Jun -6.9% -2% -7.9% -1.7%
2019-08-26 05:00 AM Industrial Production YoY Jul -0.4% -8.1% -4.9% -7.2%
2019-09-26 05:00 AM Industrial Production YoY Aug -0.4% -1.8% -1.2%
2019-10-26 05:00 AM Industrial Production YoY Sep 2.6%
2019-11-26 05:00 AM Industrial Production YoY Oct


Singapore Business Last Previous Highest Lowest Unit
Business Confidence -11.00 1.00 54.00 -57.00 Index Points [+]
Manufacturing PMI 49.90 49.80 53.10 48.30 [+]
Industrial Production -0.40 -8.10 58.60 -32.20 percent [+]
Industrial Production Mom 3.60 -0.30 29.68 -21.75 percent [+]
Changes in Inventories 2462.80 2176.00 5885.80 -5379.50 SGD Million [+]
Bankruptcies 172.00 140.00 507.00 78.00 Companies [+]
Car Registrations 8135.00 10553.00 16204.00 2659.00 [+]
Leading Economic Index 108.10 109.30 109.90 23.70 Index Points [+]
Internet Speed 20345.58 20174.80 20345.58 2170.47 KBps [+]
IP Addresses 1595352.00 1509471.00 1685917.00 433610.00 IP [+]
Services Sentiment 2.00 4.00 37.00 -53.00 [+]
Competitiveness Index 83.48 82.97 83.48 5.44 Points [+]
Competitiveness Rank 2.00 2.00 8.00 2.00 [+]
Composite Pmi 48.70 51.00 56.80 48.70 [+]
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 September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-0.40 -8.10 58.60 -32.20 1984 - 2019 percent Monthly




Country Last Previous
Argentina -1.90 Jul/19
Australia 1.90 Jun/19
Brazil -2.50 Jul/19
Canada 1.44 Jun/19
China 4.40 Aug/19
Euro Area -2.00 Jul/19
France -0.20 Jul/19
Germany -4.20 Jul/19
India 4.30 Jul/19
Indonesia 8.10 Jul/19
Italy -0.70 Jul/19
Japan 0.70 Jul/19
Mexico -1.70 Jul/19
Netherlands -1.90 Jun/19
Russia 2.90 Aug/19
Saudi Arabia 1.40 Dec/18
Singapore -0.40 Jul/19
South Africa -1.10 Jul/19
South Korea 0.60 Jul/19
Spain 0.80 Jul/19
Switzerland 4.80 Jun/19
Turkey -1.20 Jul/19
United Kingdom -0.90 Jul/19
United States 0.40 Aug/19


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