Singapore's manufacturing output for July rose 3.3%
Singapore's manufacturing output rose 3.3 per cent in July compared to the same period a year ago, according to the Economic Development Board or EDB.
That's a slightly weaker-than-expected performance as economists had expected a growth of 3.6 per cent.
July's growth was support by the biomedical manufacturing cluster which saw output increased by 29 per cent, on the back of robust export demand for medical instruments and supplies.
Excluding biomedical manufacturing, overall output decreased by 2.2 per cent in July.
On a month-on-month basis, manufacturing output increased 2.7 per cent.
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