SUBSCRIBERS
Factory output growth eases to 2.1% in April, but analysts unfazed
Published Wed, May 26, 2021 · 05:50 AM
Singapore
SINGAPORE factory output rose 2.1 per cent in April, its sixth straight month of growth, as the linchpin electronics cluster continued to underpin gains.
The latest growth eases from the year-on-year (yoy) increase of 7.6 per cent in March, and fell short of the median estimate of 3.5 per cent expansion in a Bloomberg poll.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Economy & Policy
Daily Debrief: What Happened Today (May 6)
Beyond giving grants, EnterpriseSG seeks to be more proactive about helping businesses transform
Daily Debrief: What Happened Today (May 3)
Taylor Swift effect: Singapore hotels’ average room rate grows in March; tourist arrivals reach new post-Covid high
Singapore retail sales up 2.7% in March, extending growth
Singapore and Canada to enhance science and technology cooperation