The 'Industrial Production MoM' in Singapore measures the monthly change in the output of the country's industrial sector, which includes manufacturing, mining, and utilities. It is a key indicator of economic health, as it reflects the level of activity and demand within the economy. This data is crucial for financial markets as it can influence monetary policy decisions and investor sentiment, impacting stock prices and currency value. Given Singapore's role as a major global trade hub, fluctuations in industrial production can have significant implications for both domestic and international economic conditions.
The 'Industrial Production MoM' in Singapore measures the monthly change in the output of the country's industrial sector, which includes manufacturing, mining, and utilities. It is a key indicator of economic health, as it reflects the level of activity and demand within the economy. This data i...