Chart of the Day: Manufacturing output up 1.9% in July

If not for biomedical manufacturing, output would have fallen 0.4%.

The Singapore Economic Development Board reported:

On a year-on-year basis, manufacturing output grew 1.9% in July 2012. Excluding biomedical manufacturing, output fell 0.4%.

On a three-month moving average basis, manufacturing output increased 5.6% in July 2012, compared to a year ago.

On a seasonally adjusted month-on-month basis, manufacturing output declined 9.1% in July 2012. Excluding biomedical manufacturing, output fell 4.2%.

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