Singapore: Industrial sector remains under pressure – UOB
27.02.2020, 07:42

Singapore: Industrial sector remains under pressure – UOB

FXStreet reports that economist Barnabas Gan at UOB Group assessed the industrial sector figures in Singapore.

"Singapore's industrial production (IP) surprised market estimates with an encouraging +3.4% y/y growth in January 2020. This marks the fastest year-on-year growth pace in three months (Oct 2019: +3.9% y/y). On a month-on-month seasonally adjusted basis, industrial production rose by a strong 18.2%, the firmest growth since January 2011."

"The pick-up in industrial production growth momentum was underpinned chiefly by a surge in biomedical manufacturing and precision engineering output."

"A mix of seasonality factors and growth headwinds were likely the key drivers for the decline in the remaining clusters."

"The prognosis for Singapore's industrial production is arguably dim at this juncture, owing to potential headwinds from several uncertainties, including the COVID-19 outbreak. Even as Singapore's tourism and retail sectors experienced the initial negative knockon effects from the reduced tourism activities, manufacturing confidence may have already deteriorated to-date as the global supply chain weathers disruption from the numerous factory closures in China… As such, we downgrade our full-year outlook for industrial production to contract by 1.0% in 2020, down from our initial forecast for a 'cautiously optimistic' view of +0.5% y/y."

© 2000-2024. Sva prava zaštićena.

Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

Politika sprečavanja pranja novca

Upozorenje o rizicima

Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.

Politika poverenja

Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.

Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.

Банковни
транcфери
Feedback
Lajv čet E-mail
Povratak na vrh
Izaberi lokaciju / jezik