Singapore March industrial output seen up 5.4 percent: Reuters poll

Reuters  |  SINGAPORE 

(Reuters) - Singapore's industrial production is expected to have risen at a slightly slower annual pace in March than the previous month, a poll showed on Tuesday.

The output data is expected to grow despite a surprise fall in exports in March as exports fell for the fourth consecutive month.

There has been a "divergence" in output and exports in the past year, said Brian Tan, an with

"If you look at the last diverged, exports have been persistently weak, while has been persistently fantastic," Tan added.

Singapore's industrial production in February topped forecast, rising more than expected from a year ago at 8.9 percent due to a surge in output.

Industrial production is seen to grow at 0.5 percent from the previous month on a seasonally adjusted basis in March. It declined 0.5 percent in February.

Tan expects production of electronics, especially semiconductors, to continue being the star of the show for factories.

(Reporting by Fathin Ungku, Editing by Sherry Jacob-Phillips)

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First Published: Tue, April 24 2018. 13:49 IST