Towards Financial Freedom
Singapore IPI, June 2012 - Biomedical Boost
Industrial Production (IP) growth surprised on the upside in June 2012 as it gained +7.6% YoY (revised May 2012: +6.8% YoY; Consensus: +2.8% YoY), led by biomedical production. MoM, the seasonally adjusted IP grew by +3.9% (May 2012: +2.8%), while for the first half of this year, production was up +1.8% YoY (1H 2011: +6.5% YoY). Growth in 2Q 2012 was 4.5% YoY, better than the 3% YoY estimate made for the quarter's preliminary real GDP growth of +1.9% YoY and -1.1% annualized QoQ, offering some scope for a small upward revision to the final figure.
Source: Maybank Kim Eng
Source: Maybank Kim Eng
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CS Tan
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
