June's on-year industrial production print was the worst since December 2015 when it fell 11.9%, according to official data.
SINGAPORE (July 26): Singapore industrial production for the month of June slipped to a near four-year low, according to official data on Friday, hit by a slowing electronics sector, leading to recessionary fears.
Manufacturing output fell 6.9% in June from a year earlier, data from the Singapore Economic Development Board showed, compared with a revised 2% contraction in May. This was slightly better that the median forecast in a Reuters survey, which had predicted a 7.9% drop.
