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Q3 factory output off to rocky start
But pick-up expected after July growth stumbles on year-ago peak
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Published Wed, Aug 26, 2020 · 09:50 PM
Singapore
SINGAPORE'S third-quarter economic showing is off to a rocky start, as the manufacturing sector turned in a worse-than-expected year-on-year drop in factory output in July.
Industrial production fell by 8.4 per cent, widening from 6.5 per cent in June and worse than the median decline estimated in a Bloomberg poll.
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