Rebound in factory output in February could moderate this month, say economists
Industrial output jumped 17.6% year on year in February, from 2.4% in the previous month, according to EDB data
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
SINGAPORE'S factory output rebounded sharply in February after a brief slowdown, but economists believe growth could begin to moderate in the coming months amid greater uncertainty in the external environment.
Industrial output jumped 17.6 per cent year on year in February, from 2.4 per cent in the previous month, on the back of a surge in electronics and biomedical production, according to data from the Singapore Economic Development Board (EDB) released on Friday (Mar 25).
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Beijing’s calculated silence on the Iran war
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Vietnam formalises new state leadership, redefining ‘four pillars’ power balance
