Manufacturing output shrank 3.9% in December
The biomedical manufacturing cluster's output slumped by 34.7%.
Singapore's total manufacturing output dropped by 3.9% in December, the Singapore Economic Development Board (EDB) revealed.
According to a press release, excluding biomedical manufacturing, output grew 4.5%.
On a seasonally adjusted monthly basis, manufacturing output shrank 2% in December. Excluding biomedical manufacturing, it fell 0.7%.……
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