In March, Singapore's manufacturing output decreased 9.2% YoY, mainly due to electronics and biomedical declines.
In March, Singapore's manufacturing output decreased by 9.2% year-on-year, primarily due to declines in electronics and biomedical sectors, as reported by the Economic Development Board. Biomedical manufacturing saw a 34.3% drop, while electronics production declined by 11.3%. Despite this, chemicals production increased by 4.2% and precision engineering output grew by 3.2%.
April 26, 2024
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