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Biomed cushions dip in manufacturing output for January
But sector's figure is down 7 per cent if volatile biomed segment is excluded
Published Fri, Feb 26, 2016 · 09:50 PM
Singapore
MANUFACTURING output may have declined by a less-than-anticipated 0.5 per cent year-on-year in January, but economists remain unimpressed.
With growth largely propped up by the volatile biomedical manufacturing cluster, they warn that the underlying trend for industrial production remains weak.
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