Manufacturing output slips 5.4%

That's excluding data from biomedical manufacturing.

According to Singapore Econmic Development Board, on a year-on-year basis, manufacturing output declined 2.2% in August 2012. Excluding biomedical manufacturing, output fell 5.4%.

Here's more from SEDB:

On a three-month moving average basis, manufacturing output increased 2.9% in August 2012, compared to a year ago. On a seasonally adjusted month-on-month basis, manufacturing output declined 2.3% in August 2012. Excluding biomedical manufacturing, output fell 2.7%.

Output of the general manufacturing cluster increased 4.8% in August 2012 compared to the same period a year ago. The miscellaneous industries segment increased 11.4%, supported by higher production of batteries, metal containers and construction related products, while the food, beverages & tobacco segment grew 3.9%.

On a cumulative basis, the general manufacturing cluster’s output grew 2.8% from January to August, compared to the same period last year.

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