FX.co ★ Singapore Industrial Production Growth Doubles in January, Signalling Strong Manufacturing Momentum

Singapore’s industrial production surged in January 2026, with year-over-year output jumping 16.6%, up sharply from an 8.3% increase recorded in December 2025.

According to data updated on 26 February 2026, both figures are measured on a year-over-year basis, comparing each month to the same month a year earlier. The acceleration from December to January suggests that Singapore’s manufacturing sector entered 2026 with significant strength, with growth effectively doubling over the two-month span.

The robust January performance highlights solid underlying demand and production activity, positioning the industrial sector as a potential driver of Singapore’s broader economic performance in the early part of 2026.