Singapore's manufacturing output declines 8.4% in July

Singapore News News

Singapore's manufacturing output declines 8.4% in July
Singapore Latest News,Singapore Headlines
  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 66%

SINGAPORE: Singapore's manufacturing output continued its decline in July, with demand down in most clusters apart from precision ...

continued to adversely impact the level of activities in shipyards, it added.

The medical technology and pharmaceutical segments declined 10.1 per cent and 30.5 per cent respectively, with the latter recording lower output in biological products and a different mix of active pharmaceuticals ingredients from a year ago. The other electronic modules and components and semiconductors segments grew 2.8 per cent and 0.3 per cent respectively, however the infocomms and consumer electronics and computers and data storage segments recorded declines of 15.6 per cent and 20.8 per cent respectively.

The other chemicals segment fell 15.2 per cent while the specialties and petroleum segments contracted 16 per cent each, on the back of plant maintenance shutdowns and lower export orders amid the COVID-19 outbreak.Meanwhile, general manufacturing output contracted 22.2 per cent in July year-on-year, will all segments recording declines.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

ChannelNewsAsia /  🏆 6. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Singapore core inflation falls to decade low at -0.4% in JulySingapore core inflation falls to decade low at -0.4% in JulyCORE inflation, a key metric used by the central bank to develop Singapore's monetary policy, touched its lowest point in more than a decade in July. Read more at The Business Times.
Read more »

Singapore factory output falls by 8.4% in JulySingapore factory output falls by 8.4% in JulySINGAPORE factory output fell again in July, with a worse-than-expected performance dragged down in part by the return of electronics production to negative territory. Read more at The Business Times.
Read more »

Singapore factory output shrinks for third month in July, with sharper 8.4% fall as biomed dropsSingapore factory output shrinks for third month in July, with sharper 8.4% fall as biomed dropsSINGAPORE - Singapore's factory output contracted for the third straight month in July, on the back of a continued drop in the volatile biomedical manufacturing cluster, according to data released by the Economic Development Board (EDB) on Wednesday (Aug 26).. Read more at straitstimes.com.
Read more »

Singapore's core inflation declines further, falls to -0.4% in JulySingapore's core inflation declines further, falls to -0.4% in JulySINGAPORE: Singapore's core inflation fell to -0.4 per cent year-on-year in July, the Monetary Authority of Singapore (MAS) and Ministry of Trade ...
Read more »

Singapore's core and overall inflation rates stay negative in July as electricity and gas prices fallSingapore's core and overall inflation rates stay negative in July as electricity and gas prices fallSINGAPORE - Core inflation fell deeper into negative territory in July due to a steeper decline in the cost of electricity and gas, and lower inflation for non‐cooked food.. Read more at straitstimes.com.
Read more »



Render Time: 2025-04-19 14:05:10