Singapore June factory output rises 2.5 pct, less than forecast

Reuters Fx Hub
25 Jul 2008

SINGAPORE (Thomson Financial) - Factory output in Singapore rose 2.5 percent in June from a year ago, recovering from the declines seen in the past two months as pharmaceutical production rebounded.

But the headline growth was slower than the 8.4 percent annual increase forecast by economists polled by Thomson IFR.

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