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Singapore output reverses slide in April, but sustained upturn unlikely

0.1% growth beats forecasts of 3.5% contraction; continued weakness seen in electronics, precision engineering

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Biomedical manufacturing continued to make the strongest showing, with output up 11.2%. This comprised a 10.9% in pharmaceuticals output and a 12% rise in medical technology output, with sustained export demand.

Singapore

SINGAPORE'S manufacturing output edged back into growth territory in April, up 0.1 per cent year-on-year, contrary to economists' expectations of a 3.5 per cent fall, and improving from March's revised figure of a 4.3 per cent contraction.

But excluding the volatile...

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