The 'Industrial Production YoY' in Singapore measures the annual percentage change in the output of the industrial sector, which includes manufacturing, mining, and utilities. It is a key indicator of economic health, reflecting the level of industrial activity and demand in the economy. This data is crucial for policymakers and investors as it can influence monetary policy decisions and market sentiment. A significant change in industrial production can impact Singapore's GDP growth forecasts and affect the Singapore dollar's strength in financial markets.
The 'Industrial Production YoY' in Singapore measures the annual percentage change in the output of the industrial sector, which includes manufacturing, mining, and utilities. It is a key indicator of economic health, reflecting the level of industrial activity and demand in the economy. This dat...