Industrial production growth likely fell to 3.4% in December

Moody's said a high base from a year earlier has inhibited gains.

Moody's Investors Service forecasts industrial production (IP) growth to slow down to 3.4% YoY from 5.2% last month.

According to a report, IP growth has cooled since August, as a high base from a year earlier has inhibited gains.

Although external demand is expected to remain favourable in 2018 and support demand for semiconductors and electronics, which was especially firm in 2017, the high base from a year earlier is likely to inhibit growth in coming months.

Markit PMI fell by 3.3 points to 52.1 in December, suggesting "the local private sector ended 2017 on a softer note," Moody's said.

Singapore will release figures for December's IP on 26 January.

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia