Singapore’s industrial sector staged a strong recovery at the start of 2026, with industrial production rising 5.3% month-on-month in January, following a steep 13.3% contraction in December 2025.
The latest figures, updated on 26 February 2026, highlight a notable turnaround in momentum. December’s reading had marked a significant pullback compared with the previous month, but January’s gain indicates stabilisation and renewed activity across Singapore’s industrial base. On a month-over-month basis, the current print compares January’s output with December 2025, while the previous figure reflected the change in December from November 2025.
The sharp swing from a deep decline to solid growth suggests that some of the weakness seen at the end of 2025 may have been temporary, with industrial production entering 2026 on a firmer footing. Investors and policymakers will be watching upcoming releases to gauge whether this rebound marks the start of a sustained recovery in Singapore’s industrial cycle.
