FX.co ★ Singapore's Industrial Production Plummets by 16.0% in March 2024

Singapore's industrial production took a significant hit in March 2024 as it plummeted by 16.0% compared to the previous month, halting the growth trend seen in February 2024 when it reached 14.6%. The latest data, updated on 26 April 2024, indicates a stark reversal in the industrial sector's performance. The month-over-month comparison showcases the volatility and challenges faced by Singapore's manufacturing and production industries, highlighting the need for strategies to navigate through uncertain economic conditions and global market trends.