Singapore's manufacturing output decreased 3.2 pct in November

• Published date: 23 December 2022
• Publication title: ASEAN Tribune

23 December 2022 (NAM NEWS NETWORK) SINGAPORE- Singapore's manufacturing output decreased 3.2 per cent in November 2022 on a year-on-year (y-o-y) basis, according to the Singapore Economic Development Board (EDB).

On a three-month moving average basis, manufacturing output declined 0.7 per cent in November 2022, compared to a year ago, the government agency under the Trade and Industry Ministry said in a statement issued here Friday.

On a seasonally adjusted month-on-month basis, manufacturing output decreased 1.2 per cent, the statement said.

As for the performance on a cluster basis, output for transport engineering grew 18.8 per cent yo-y in November 2022.

In the first eleven months of this year, output of the transport engineering cluster expanded 20.3 per cent compared to the same period in 2021.

On the performance of the other clusters, general manufacturing grew 10.3 per cent in November 2022. Cumulatively...