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Singapore's manufacturing rises for the first time in 5 months

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  • Asian Market
  • 1 month ago
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Singapore manufacturing output beat expectations as it rose by 0.1% year-on-year in September, as most analysts expected a 4.1% drop.

This was the first yearly growth in industrial production since April, on a monthly basis, manufacturing production unexpectedly grew 3.7% in September, compared to consensus of a 0.1% decline and following a downwardly revised 7.3% drop in August.

 

 

Source: Smart Trend Team