Singapore's industrial production expanded at an accelerated pace in March, preliminary data from the Economic Development Board revealed on Monday.
Industrial production advanced 10.1 percent year-on-year in March, much faster than the 3.3 percent rise in February. The expected increase was 3.9 percent. Moreover, this was the fastest growth since December 2025.
Among clusters, electronics output grew the most by 30.0 percent from last year, driven by the infocomms and consumer electronics and semiconductors segments on the back of robust AI-related demand.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.