Singapore’s industrial production and GDP projected to grow 3% in 2025—RHB

Jewel Stolarchuk
Wed, 29 Jan 2025 16:01:10 +0000
SGX, GDP growth forecast, Singapore economy

SINGAPORE: According to a report by RHB, Singapore’s full-year industrial production (IP) growth for 2025 is projected at 3%, aligning with an expected 3% growth in gross domestic product (GDP). The bank also anticipates that GDP growth for the fourth quarter (4Q24) and full year 2024 will be revised upward from the Ministry of Trade …