Singapore· SingaporeSingapore's manufacturing output rises in July but misses expectations
Singapore's manufacturing output increased by 6.8% year-on-year in July, slowing from June, and a seasonally adjusted month-on-month increase of 2.3% reversed a previous decline but still fell short of market forecasts.
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Singapore's manufacturing output rises in July but misses expectations
First report 21h agoLast update 19h agoThe geobit presents the official manufacturing output figures for July, noting both year-on-year growth and month-on-month recovery.
The slower-than-expected recovery in manufacturing output suggests weak global demand, particularly in electronics, which could negatively impact Asian supply chains and tech investor sentiment.
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