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Singapore industrial output up a surprise 13.7% in August

Figure outstrips expectations of 2.2% growth and is first expansion after three months and a rebound from July's 7.6% fall
By Janice Heng
The Business Times
Singapore industrial output up a surprise 13.7% in August
Economists are optimistic about manufacturing and expect the recent rise in output to give a boost to third-quarter GDP figures.
26 Sep 2020 - 05:50

Singapore

SINGAPORE'S factory output soared by a surprising 13.7 per cent year on year in August, led by strong growth in electronics, according to Singapore Economic Development Board figures on Friday.

The performance bodes well for overall gross domestic product (GDP) in the

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Singapore economySingapore manufacturing

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