SINGAPORE (Reuters) - Singapore’s industrial production unexpectedly fell in September from the year earlier as manufacturing in the electronics and pharmaceutical sectors took a dip, data showed on Friday.
Manufacturing output in September fell 0.2 percent from a year earlier, data from the Singapore Economic Development Board showed, contracting from the revised 3.7 percent growth seen in August and missing the median forecast in a Reuters survey which predicted a 3.5 percent expansion.
On a month-on-month and seasonally adjusted basis, industrial production fell further at 4.9 percent in September, from the 2.2 contraction the month before and below the median forecast calling for a contraction of 2 percent.
Electronics production in September fell 5.5 percent from the year ago, while pharmaceuticals output fell 11.1 percent from the year before.
Reporting by Fathin Ungku; Editing by Sunil Nair