Home THE DAILY EDGE Business Singapore September Industrial production likely +18.9%-Poll
Singapore September Industrial production likely +18.9%-Poll
Written by Dow Jones & Co, Inc   
Monday, 25 October 2010 12:53
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Singapore’s September industrial production likely +18.9% vs +8.1% August on higher electronics shipments, according to median estimate in Dow Jones Newswires poll of 8 economists. In seasonally-adjusted terms, industrial production likely to contract 1.0% vs 6.3% contraction August. 

“While we continue to see double digit growth in electronics manufacturing activity, we expect the drag by non-electronics activity, principally by weak pharmaceuticals output and to a smaller extent, lacklustre marine offshore engineering segment,” Standard Chartered economist Alvin Liew says in note. Data due 0500 GMT tomorrow. 
 
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Last Updated on Monday, 25 October 2010 12:55