SINGAPORE - Singapore's factory output fell in February on a year-on-year basis, after the key electronics industry slumped, according to figures released by the Economic Development Board (EDB) on Thursday (March 26).. Read more at straitstimes.com.
SINGAPORE - Singapore's factory output fell in February on a year-on-year basis, after the key electronics industry slumped, according to figures released by the Economic Development Board on Thursday .
Precision engineering expanded output by 26.2 per cent in February compared with a year ago when production was low due in part to the Lunar New Year holidays, EDB noted. General manufacturing grew 16.1 per cent, on the back of fewer production days over the Chinese New Year holidays last year. All segments within the cluster recorded output growth. The miscellaneous industries grew 25.7 per cent, while printing output rose 17.5 per cent and the food, beverage and tobacco segments expanded 9.3 per cent.
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