Singapore’s manufacturing outputs dipped 0.6% in December

Check out the biggest losing cluster.

The Economic Development Board released today the latest figures on Singapore’s manufacturing sector. According to EDB, on a seasonally adjusted month-on-month basis, manufacturing output grew 5.4% in December 2012. Excluding biomedical manufacturing, output increased 1.2%. However, EDB adds, on a year-on-year basis, Singapore’s manufacturing output declined 0.6% in December 2012. Excluding biomedical manufacturing, output fell 5.2%.

The electronics cluster drew the biggest loss, “contracting 16.9% in December 2012 compared to the same period a year ago, weighed down by continued weakness in electronics demand. The data storage segment fell 5.8%, a reversal from the high growth posted in November, as the low base effect from the Thailand floods wore off. Output of the semiconductors segment decreased 18.2%. Cumulatively, electronics output fell 11.3% in 2012 over 2011.”



More From Singapore Business Review

--

Get stories like this on the Yahoo app and discover more every day.
Download it now.
Loading...
 
Recent Quotes
Symbol Price Change % Chg 
Your most recently viewed tickers will automatically show up here if you type a ticker in the "Enter symbol/company" at the bottom of this module.
You need to enable your browser cookies to view your most recent quotes.
 
Sign-in to view quotes in your portfolios.

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.1640.0000.00%
    N21.SI
    0.161-0.001-0.62%
    40E.SI
    0.99-0.03-3.41%
    G13.SI
    0.196+0.012+6.52%
    SK3.SI
    0.445+0.005+1.14%
    E5H.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.39+0.10+36.84%
    BEH.SI
    0.25+0.03+13.64%
    5UA.SI
    0.198+0.020+11.24%
    L38.SI
    0.36+0.03+9.09%
    BLR.SI
    0.265+0.020+8.16%
    B49.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.10-0.06-39.02%
    O08.SI
    0.265-0.095-26.39%
    BCD.SI
    0.17-0.05-24.44%
    42S.SI
    0.23-0.06-20.69%
    5VI.SI
    0.10-0.02-16.67%
    UQ7.SI

Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    1.4178+0.001+0.07%
    USDSGD=X
    1.5262+0.0024+0.16%
    EURSGD=X
    1.7924+0.0047+0.26%
    GBPSGD=X
    80.1410-0.048-0.06%
    SGDJPY=X
    5.4688-0.004-0.07%
    SGDHKD=X
    3.1209-0.0082-0.26%
    SGDMYR=X
    9,375.3594-64.6807-0.69%
    SGDIDR=X
    4.85270.000.00%
    SGDCNY=X
    1.0618+0.0013+0.12%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,176.40+1.40+0.12%
    GCZ16.CMX
    17.12-0.08-0.48%
    SIZ16.CMX
    82.57+0.42+0.51%
    ^XAU
    2.64+0.01+0.23%
    HGZ16.CMX
    49.770.000.00%
    CLF17.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.80-0.04
    ^FVX
    2.35-0.05
    ^TNX
    3.03-0.05
    ^TYX