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SINGAPORE ECONOMY

24.2% factory output jump in Sept raises Singapore GDP hopes

By Janice Heng
The Business Times
24.2% factory output jump in Sept raises Singapore GDP hopes
September's surge was driven by biomedical manufacturing's 89.8 per cent output growth, led by pharmaceutical output rising 113.6 per cent.
27 Oct 2020 - 05:50

Singapore

SINGAPORE'S factory output soared 24.2 per cent year-on-year (y-o-y) in September, giving a surprise boost to third-quarter gross domestic product (GDP) growth and raising hopes for full-year performance, with some economists revising their estimates.

Driven by a near-

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Singapore economySingapore manufacturing

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