Singapore's producer prices decreased for the first time in six months in December, mainly driven by the fall in the oil index, data from the Department of Statistics showed on Thursday.
The manufacturing producer price index dropped 2.2 percent year-on-year in December, reversing a 5.4 percent increase in November.
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.