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Singapore’s factory output turns negative with 1.3% fall in February, missing estimates
https://www.businesstimes.com.sg/si...-negative-1-3-fall-february-missing-estimates
[SINGAPORE] The country’s manufacturing output fell 1.3 per cent year on year in February, breaking its seven-month expansion streak after the biomedical and electronics clusters fell into contraction. This missed private-sector economists’ forecasts of a 7 per cent expansion, in a poll by Bloomberg. February’s data is also a turnaround from January’s revised growth of 8 per cent.
https://www.businesstimes.com.sg/si...-negative-1-3-fall-february-missing-estimates
[SINGAPORE] The country’s manufacturing output fell 1.3 per cent year on year in February, breaking its seven-month expansion streak after the biomedical and electronics clusters fell into contraction. This missed private-sector economists’ forecasts of a 7 per cent expansion, in a poll by Bloomberg. February’s data is also a turnaround from January’s revised growth of 8 per cent.