Manufacturing production in Singapore declined by 6.9 percent year-on-year in June 2019, after a downwardly revised 2 percent fall in the previous month and compared to market consensus of a 7.9 percent decrease. It was the fourth straight decline in factory output and the steepest since December 2015, as output dropped for transport engineering (-14.2 percent vs 3.4 percent in May) and chemicals (-3.3 percent vs 0.4 percent). Also, production of electronics fell further (-18.8 percent vs -10.8 percent; and biomedical manufacturing output growth slowed markedly (5 percent vs 9.8 percent). Meantime, production of general manufacturing industries advanced at a faster pace (10.8 percent vs 3.8 percent) and output rebounded for precision engineering (0.3 percent vs -3 percent). On a monthly basis, factory output rose 1.2 percent in June, after a downwardly revised 0.1 percent decrease in May and easily beating forecasts of a 0.7 percent fall. Industrial Production in Singapore averaged 6.92 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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Calendar GMT Actual Previous Consensus TEForecast
2019-04-26 05:00 AM Industrial Production YoY Mar -4.8% 2.6% -4.8% 0.5%
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 -6.9% -7.2%
2019-09-26 05:00 AM Industrial Production YoY Aug
2019-10-26 05:00 AM Industrial Production YoY Sep 2.6%


Singapore Business Last Previous Highest Lowest Unit
Business Confidence -11.00 1.00 54.00 -57.00 Index Points [+]
Manufacturing PMI 49.80 49.60 53.10 48.30 [+]
Industrial Production -6.90 -2.00 58.60 -32.20 percent [+]
Industrial Production Mom 1.25 -0.13 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 10553.00 9143.00 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 51.00 50.60 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 August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-6.90 -2.00 58.60 -32.20 1984 - 2019 percent Monthly




Country Last Previous
Argentina -6.90 Jun/19
Australia 1.20 Mar/19
Brazil -5.90 Jun/19
Canada 2.14 Apr/19
China 4.80 Jul/19
Euro Area -2.60 Jun/19
France 0.00 Jun/19
Germany -5.20 Jun/19
India 2.00 Jun/19
Indonesia 2.60 May/19
Italy -1.20 Jun/19
Japan -3.80 Jun/19
Mexico -2.91 Jun/19
Netherlands -1.90 Jun/19
Russia 2.80 Jul/19
Saudi Arabia 1.40 Dec/18
Singapore -6.90 Jun/19
South Africa -3.20 Jun/19
South Korea -2.90 Jun/19
Spain 1.80 Jun/19
Switzerland 4.30 Mar/19
Turkey -3.90 Jun/19
United Kingdom -0.60 Jun/19
United States 0.50 Jul/19


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