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No light at the end of manufacturing tunnel
Singapore factory output back in the red in May; economists even more doubtful about recovery
Published Wed, Jun 26, 2019 · 09:50 PM
Singapore
THE fate of the Singapore economy hangs on US-China trade outcomes, analysts warned on Wednesday, after more gloomy factory numbers.
Singapore's manufacturing output was down year on year by 2.4 per cent in May, after a brief reprieve in April, according to the latest preliminary Economic Development Board data.
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