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Singapore Feb. Industrial Output Grows Less Than Forecast

Singapore's industrial production grew less than expected in February, reflecting a decline in electronics output, the Economic Development Board said Monday.

Industrial output rose 12.1 percent in February from a year ago, compared to a decline of 9.6 percent in January. The expected rate of growth for February was 18.4 percent.

Month-on-month, production fell by a seasonally adjusted 1.1 percent, while economists were expecting a 4.1 percent rise.

by RTTNews Staff Writer

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