Singapore factory output falls 0.9% in October, after surging for two months

Factory output fell 0.9 per cent year on year, after a revised 25.6 per cent jump in Sept and a 16.4 per cent rise in Aug 2020. - ST

SINGAPORE (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 the Economic Development Board (EDB).