Singapore’s industrial production unexpectedly fell for the third time in four months in April as manufacturers cut output of electronics and pharmaceuticals.
Manufacturing dropped 0.3 percent from a year earlier after a revised 3.1 percent decline in March, the Economic Development Board said today. The median of 17 economists surveyed by Bloomberg News was for a 4.1 percent gain. Output slipped a seasonally adjusted 3.5 percent from the previous month. Full story
