Chart of the Day: Manufacturing output down 2.1% in October

Biomedical manufacturing cluster contracted 11.7%.

The Singapore Economic Development Board reported:

On a year-on-year basis, manufacturing output fell 2.1% in October 2012. Excluding biomedical manufacturing, output grew 0.6%.

On a three-month moving average basis, manufacturing output contracted 2.4% in October 2012, compared to a year ago.



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