Singapore's industrial output logged a sharp growth in October driven by pharmaceutical production, data published the Economic Development Board showed Wednesday.
Industrial output advanced 29.1 percent year-on-year in October, following September's 16.2 percent increase.
Excluding biomedical manufacturing, industrial production moved up 11.7 percent after rising 1.0 percent in September.
Month-on-month, industrial production growth more than halved to 11.5 percent from 26.4 percent in September.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.