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%.