Singapore's manufacturing output decreases 3.4% in September

Tuesday, 2021-10-26 22:10:52
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NDO/VNA - The Singapore Economic Development Board (EDB) announced on October 26 that the country's manufacturing output decreased 3.4% year on year in September, from the revised 11% growth in August.

This is the first time the country's manufacturing output has fallen since last October when it decreased 0.4% year on year.

Excluding biomedical manufacturing, the output grew 9.4% year on year in September, compared to the revised 13.5% growth in August.

On a seasonally adjusted month-on-month basis, Singapore's manufacturing output dropped 2.8% in September. Excluding biomedical manufacturing, the output fell 5.1%.

In the first three quarters of this year, Singapore's manufacturing output grew 11.9% year on year. Excluding biomedical manufacturing, the output grew 14.8% year on year.