Singapore Sept industrial output seen little changed on year

21 Oct, 2014

SINGAPORE: Singapore's industrial production was probably marginally higher in September than a year earlier, a Reuters poll showed on Tuesday, after disappointing export data stirred concern about sluggish global demand.

The median estimate in the Reuters survey of 13 economists was for manufacturing output to have risen 0.1 percent in September, after a 4.2 percent increase in August from a year earlier.

On a seasonally adjusted month-on-month basis, manufacturing output was seen likely to slip 0.8 percent in September, after a 0.2 percent decline in August.

Singapore's exports rose less than expected in September from a year earlier as sales to Europe contracted and shipments to the United States slowed.

Copyright Reuters, 2014

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