You are here

SINGAPORE ECONOMY

Sharpest manufacturing plunge in over two years points to weak Q2 GDP

Some economists even expect Q2's numbers to be weaker than Q1's

IT WOULD be easy to blame April's 8.7 per cent plunge in industrial output - the steepest year-on-year decline in more than two years - on the volatile pharmaceuticals sector's 38 per cent contraction.

But economists say that weakness showed up in other manufacturing clusters too,

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom