Singapore June factory output -0.3 pct year-on-year, bit weaker than expected
Reuters
Published Jul 26, 2016 01:28AM ET
Singapore June factory output -0.3 pct year-on-year, bit weaker than expected
SINGAPORE (Reuters) - Singapore's industrial production in June fell slightly more than expected from a year earlier, as sharp falls in marine and offshore engineering output and pharmaceuticals production offset a jump in electronics output.
Manufacturing output fell 0.3 percent from a year earlier in June, data from the Singapore Economic Development Board showed on Tuesday. The median forecast in a Reuters survey was for a contraction of 0.2 percent.
On a month-on-month seasonally adjusted basis, factory output fell 2.5 percent in June, matching the median forecast in the Reuters survey.
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Written By: Reuters
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