Singapore Sept factory output beats expectations, up 14.6% on-year

SINGAPORE (Oct 26): Singapore's industrial production in September beat expectations and grew for the fourteenth consecutive month thanks to continued growth in electronics, data showed on Thursday.

Manufacturing output in September rose higher than expected at 14.6% from a year earlier, despite a shock decline in exports in the same month, data from the Singapore Economic Development Board showed.

The median forecast in a Reuters survey predicted a 10% expansion.

---

Related Stories

• Briefs: US Fed raises interest rates; manufacturing output down while headline and core inflation figures ease in June
• Singapore’s manufacturing output down by 4.9% in June with most clusters in the red
• Analysts expect Singapore's industrial production to remain soft in 1Q2023

---