Singapore’s manufacturing output declined in March after a slight uptick the month before, according to data from the Singapore Economic Development Board (EDB).
Manufacturing output in March contracted 4.8 per cent on year, in line with a Reuters poll of 10 economists.
Production fell more than expected at 2.6 per cent on a month-on-month and seasonally adjusted basis. The median forecast was for a contraction of 1.8 per cent.