October 25, 2024 05:06 GMT
SINGAPORE: Industrial Production Very Strong for September.
SINGAPORE
- Singapore Industrial Production jumped +9.8% YoY well ahead of estimates.
- Surveys had forecast a +3.6% expansion for what has been a volatile release of late.
- The month on month finished flat and had been forecast to decline.
- The monthly figures saw a big jump for the Biomedical sector and a big decline for electronics.
- As one of the most open economies in Asia, Singapore’s activity is greatly affected by the regional trends.
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