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Singapore's manufacturing output decreases 3.4 percent in September

The Singapore Economic Development Board (EDB) announced on October 26 that the country's manufacturing output decreased 3.4 percent year on year in September, from the revised 11 percent growth in August.
Singapore's manufacturing output decreases 3.4 percent in September ảnh 1Illustrative image (Photo: Economic Times)
Singapore (VNA) - The Singapore Economic DevelopmentBoard (EDB) announced on October 26 that the country's manufacturing outputdecreased 3.4 percent year on year in September, from the revised 11 percentgrowth in August.

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

Excluding biomedical manufacturing, the output grew 9.4 percent yearon year in September, compared to the revised 13.5 percent growth inAugust.

On a seasonally adjusted month-on-month basis, Singapore'smanufacturing output dropped 2.8 percent in September. Excluding biomedicalmanufacturing, the output fell 5.1 percent.

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

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