Singapore's industrial production contracted for the first time in eight months in February, preliminary data from the Economic Development Board revealed on Wednesday.
Industrial production dropped 1.3 percent year-on-year in February, reversing an 8.0 percent sharp growth in January. Meanwhile, economists had expected a further growth of 7.5 percent.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.