Singapore factory output beats forecasts with 3.8% rise in February

Bright spots in February include a slim 2.6 per cent increase in output by the key electronics industry, after it shrank 4.7 per cent in January. - ST FILE

SINGAPORE: Singapore’s factory output extended its expansion in February, growing 3.8 per cent year on year and beating analysts’ expectations, according to data out on Tuesday (March 26).

This topped the 0.5 per cent growth forecast made by economists in a Bloomberg poll.