Singapore factory output rises at slower pace of 1.2% in October


The electronics industry, which accounts for nearly half of Singapore’s factory output, saw output inch up 1.9%, after a 50% jump in August. — The Straits Times

SINGAPORE: Singapore’s manufacturing output rose for a fourth straight month in October, albeit at a slower pace of expansion.

Total output crept up 1.2% year-on-year (y-o-y), after a downwardly revised 9% rise in September and a hefty 22.9% jump in August.

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