Published:
Chart of the Day: Check out which sector dragged Singapore manufacturing output
It was certainly not the electronics sector.
Singapore’s manufacturing output increased 1.2% in October 2016, data from Economic Development Board of Singapore show.
However, it would have posted a higher growth if it was not for three sectors reflecting disappointing outputs.
While electronics registered a 24.6% growth as biomedical manufacturing posted 11.3% expansion, general manufacturing output plummeted 22.2%.
But it was the transport engineering sector which posted the huge drop in output at 26.9%.
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