ECONOMY, MANUFACTURING | Staff Reporter, Singapore

Chart of the Day: Productivity inched up 3.4% in Q2

Manufacturing led the gains by 12.2%.

This chart from the Ministry of Trade and Industry (MTI) shows that overall productivity as measured by real value-added per worker rose 3.4% YoY with manufacturing leading the gains by 12.2%.

Finance and insurance (4%) and accommodation & food services (3.3%) sectors also joined manufacturing in terms of having the highest productivity growth rates in the second quarter.

Meanwhile,the business services, transportation & storage (-2.2%) and other services (-1.5%) sectors saw a dip in their sector’s productivity.

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