Singapore March factory output dips 0.5 pct y/y, less than expected

SINGAPORE, April 26 (Reuters) - Singapore's industrial

production in March fell less than expected from a year earlier

due to a surge in pharmaceuticals, data showed on Tuesday.

Manufacturing output fell 0.5 percent from a year earlier in

March, data from the Singapore Economic Development Board

showed. The median forecast in a Reuters survey was for a drop

of 2.7 percent.

On a month-on-month and seasonally adjusted basis, factory

output rose 1.0 percent in March, matching the median for

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