Singapore Feb factory output falls 4.7 pct y/y, weaker than expected

March 24, 2016 5:00 AM

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SINGAPORE, March 24 Singapore's industrial production fell more than expected in February, hurt by a slide in marine and offshore engineering output and weakness in areas such as electronics production, data showed on Thursday.

Manufacturing output fell 4.7 percent from a year earlier in February, data from the Singapore Economic Development Board showed, weaker than the median forecast of a 3.7 percent drop in a Reuters survey. On a month-on-month and seasonally adjusted basis, factory output fell 4.8 percent in February,...

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