Singapore's manufacturing output grew a seasonally adjusted 24.7% month-on-month in April, following a revised 15.1% drop in the previous month, a report by the country's Economic Development Board said Tuesday. Economists expected output to rise 6.3%.
Year-on-year, the manufacturing output slipped 0.5% in April, much slower than a revised 32.8% fall recorded in March. Economists expected a decline of 21%.
For the first four months of the year, manufacturing output declined 19.1% from the corresponding period in the previous year.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.