The Business Times

Quick takes: What 5.5% drop in Singapore's March manufacturing output means for growth outlook

Published Fri, Apr 24, 2015 · 09:06 AM

SINGAPORE's industrial output shrank 5.5 per cent in March from a year ago, a sharper decline than February's 3.3 per cent drop, but better than the 5.9 per cent drop that economists had been expecting. This follows a better than expected report on non-oil domestic exports (NODX) for the month of March too.

Here's what some of them say about what this means for the economy's growth outlook:

Citi economists Kit Wei Zheng and Yap Kim Leng:

Bank of America Merrill Lynch economist Chua Hak Bin:

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