Manufacturing production in Singapore increased by 7.6 percent year-on-year in November 2018, faster than an upwardly revised 5.5 percent rise in a month earlier and way above market estimates of a 2.3 percent gain. It was the steepest increase in manufacturing output since June, as production advanced markedly for biomedical manufacturing (18.5 pct vs 13.1 pct in October). In addition, output rebounded for electronics (11.2 pct vs -0.3 pct) and chemicals (3.4 pct vs -1.1 pct). On the other hand, output growth slowed for transport engineering (11.3 pct vs 30.4 pct) while fell for precision engineering (-8.2 percent vs 1.7 percent); and general manufacturing (-0.8 percent vs 1.9 pct). On a monthly basis, factory output grew 2.8 percent, compared to an upwardly revised 2.4 percent gain in October and beating consensus of a 1.6 percent gain. Industrial Production in Singapore averaged 7.06 percent from 1984 until 2018, 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 3.70 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 7.60 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
2018-09-26 05:00 AM Industrial Production YoY 3.3% 6.7% 4.4% 5.6%
2018-10-26 05:00 AM Industrial Production YoY -0.2% 3.7% 3.5% 4.2%
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 7.6% 3.7%
2019-02-26 05:00 AM Industrial Production YoY
2019-03-26 05:00 AM Industrial Production YoY


Singapore Business Last Previous Highest Lowest Unit
Business Confidence -1.00 7.00 54.00 -57.00 Index Points [+]
Manufacturing PMI 51.10 51.50 53.10 48.30 [+]
Industrial Production 7.60 5.50 58.60 -32.20 percent [+]
Industrial Production Mom 2.80 2.40 29.70 -21.70 percent [+]
Changes in Inventories 4488.80 2972.10 6742.20 -6542.70 SGD Million [+]
Bankruptcies 119.00 173.00 507.00 78.00 Companies [+]
Car Registrations 9923.00 9876.00 16204.00 2659.00 [+]
Leading Economic Index 112.00 112.10 112.70 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 52.70 53.80 56.80 49.40 [+]
Ease of Doing Business 2.00 2.00 3.00 1.00 [+]
Corruption Index 84.00 84.00 94.00 84.00 Points [+]
Corruption Rank 6.00 7.00 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 January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
7.60 5.50 58.60 -32.20 1984 - 2018 percent Monthly




Country Last Previous
Argentina -13.30 Nov/18
Australia 2.80 Sep/18
Brazil -0.90 Nov/18
Canada 4.20 Oct/18
China 5.40 Nov/18
Euro Area -3.30 Nov/18
France -2.10 Nov/18
Germany -4.70 Nov/18
India 0.50 Nov/18
Indonesia 0.60 Oct/18
Italy -2.60 Nov/18
Japan 1.40 Nov/18
Mexico -1.30 Nov/18
Netherlands 0.40 Nov/18
Russia 2.40 Nov/18
Saudi Arabia 5.84 Jun/18
Singapore 7.60 Nov/18
South Africa 1.60 Nov/18
South Korea 0.10 Nov/18
Spain -2.60 Nov/18
Switzerland 1.40 Sep/18
Turkey -6.50 Nov/18
United Kingdom -1.50 Nov/18
United States 3.90 Nov/18


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