Singapore’s industrial output unexpectedly fell in November, marking its biggest drop in four years, in an indication that any recovery in the Asian bellwether economy is likely to be patchy. Manufacturing output last month fell 9.3% from a year earlier, data from the Singapore Economic Development Board showed on Thursday, the sharpest decline since December 2015. Electronics manufacturing slumped 20.9% and pharmaceutical production declined 12.7%. …read more
Source:: Yahoo Finance
