Singapore Jan factory output -0.5 pct y/y, better than forecast

February 26, 2016 5:01 AM

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SINGAPORE, Feb 26 Singapore's industrial production in January fell less than expected from a year earlier as output of pharmaceuticals and electronics swung to growth, data showed on Friday.

Manufacturing output fell 0.5 percent from a year earlier in January, data from the Singapore Economic Development Board showed. The median forecast in a Reuters survey was for a decline of 4.8 percent. On a month-on-month and seasonally adjusted basis, factory output rose 9.3 percent in January. Th...

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