SINGAPORE (July 26): Singapore industrial production for the month of June slipped to a near four-year low, according to official data on Friday, hit by a slowing electronics sector, leading to recessionary fears.

Manufacturing output fell 6.9% in June from a year earlier, data from the Singapore Economic Development Board showed, compared with a revised 2% contraction in May. This was slightly better that the median forecast in a Reuters survey, which had predicted a 7.9% drop.

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