SUBSCRIBERS

May's manufacturing output up 0.9%

Some economists banking on April's strong numbers for Q2's overall showing; others are less optimistic

Published Fri, Jun 24, 2016 · 09:50 PM

    Singapore

    DESPITE the slowdown in the growth of manufacturing output in May, economists are hopeful for an above-satisfactory performance for the second quarter, largely because of the high growth in April.

    The Economic Development Board (EDB) released industrial-production data showing May's preliminary manufacturing output to have risen by a mere 0.9 per cent from a year ago.

    Copyright SPH Media. All rights reserved.