Singapore's Industrial Output accelerates 4% y/y in November [IntelliNews - Weekly Reports]
(IntelliNews - Weekly Reports Via Acquire Media NewsEdge) Singapore's Industrial Output expanded 4% y/y in November this year, as compared to an expansion of 8.3% y/y posted during previous month. According to Singapore's Economic Development Board, the nation's manufacturing output growth eased during the period, recording a decrease as pharmaceutical production continued to decline.
The output in electronics sector increased 11% y/y during the period, while it was posted 23.4% in last month. The output from transport engineering sector expanded 6.3% y/y in November, while it was posted at 10.2% during previous month.
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