Singapore October industrial output falls 0.9%
It is a sharp about-turn from September's revised growth figure of 25.6%
Add BT as a preferred source
Singapore
SINGAPORE'S factory output fell 0.9 per cent year on year in October with a decline in electronics output and poorer biomedical performance, confounding economists' expectations of a 7.3 per cent growth, Singapore Economic Development Board figures showed on Thursday.
It was a sharp about-turn from September's revised growth figure of 25.6 per cent, which had been boosted by the volatile biomedical cluster and a strong showing by electronics.
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
PayPal plans job cuts as its new CEO pursues turnaround strategy
MAS, bank CEOs convene over AI cyberthreats; boards told to own risks, not leave to IT teams
