Manufacturing output shrank 3.9% in December

Manufacturing output shrank 3.9% in December

Singapore Business Review·2018-01-27 19:10

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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Singapore Manufacturing