Singapore's manufacturing output slows further in August

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Singapore's manufacturing output grew at a slower pace of 0.5 per cent on-year in August, compared to the 0.6 per cent recorded the previous month. It is the slowest growth in almost a year and the third month in a row that growth has slowed. This was driven by a decline in output for electronics and chemicals in August.



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Because inflation hits. People dont buy gadgets when everything increase. Worry about food, electric bill, gas bill, coe, taxes first.

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