Singapore factory output to stay positive - but electronics slowdown may kick in soon
Year-on-year production growth of 16.9% in October is led by a rebound in the volatile biomedical manufacturing cluster
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Singapore
SINGAPORE'S industrial output bounced back in October from the drop the month before, and is expected to stay positive in 2022 - but factory growth will be slower from here as electronics cools from its breakneck pace, economists have warned.
"Electronics looks like it's struggling a bit, possibly due to supply chain issues starting to bite," OCBC chief economist Selena Ling told The Business Times.
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