Singapore factory output sees surprise 0.9% drop in October, after 2-month surge


Singapore factory output sees surprise 0.9% drop in October, after 2-month surge, Economy News & Top Stories - The Straits Times

SINGAPORE, Nov 26 (The Straits Times/ANN) - Singapore's manufacturing output dropped for the first time in three months in October, with only the biomedical and precision engineering clusters seeing growth.

Factory output fell 0.9 per cent year on year, after a revised 25.6 per cent jump in September and a 16.4 per cent rise in August, according to data released on Thursday (Nov 26) by Singapore's Economic Development Board.

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