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March factory output beats forecasts with 5.9% gain

Electronics is best performer with output up 12.4 per cent year on year, while biomedical manufacturing is worst with decline of 5.4 per cent

The manufacturing sector logged an expansion of 6 per cent on the previous year, lower than June's revised figure of 8 per cent growth, according to Economic Development Board (EDB) data released on Friday.


SINGAPORE'S factory output grew 5.9 per cent in March compared to a year ago, just above economists' predictions of a 5.7 per cent rise, according to preliminary Economic Development Board (EDB) figures yesterday.

Economists held steady on their gross domestic product (...

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