Industrial Production disappointed in June – UOB
Alvin Liew, Senior Economist at UOB Group, reviews the latest Industrial Production figures in Singapore.
Key Takeaways
“Singapore’s industrial production (IP) came in below expectations in Jun as it declined by 8.5% m/m SA, which translated to a weaker growth of 2.2% y/y, the lowest since Jan 2022 (from the revised May readings of 9.2% m/m, 10.4% y/y and fell
