SINGAPORE’S manufacturing sector put up a dismal showing in the first month of 2019, clocking its first contraction in output since December 2017. Read more at The Business Times.
Singapore’s manufacturing sector put up a dismal showing in the first month of 2019, clocking its first contraction in output since December 2017.
manufacturing sector put up a dismal showing in the first month of 2019, clocking its first contraction in output since December 2017. Industrial production declined by 3.1 per cent in January from a year ago, down from a revised growth of 1.7 per cent in December 2018, according to the latest data from the Singapore Economic Development Board . This, however, was exactly in line with economist expectations. Excluding the volatile biomedical manufacturing sector, output fell 5.9 per cent.
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