(June 26 15:30) Sbr.com.sg
Submitted By:
Nathanielle Punay
Case Study:
No
The chemicals, precision engineering and electronics industries led the decline.
Manufacturing output fell 2.4% YoY, or 0.7% MoM, in May, according to the Economic Development Board.
Excluding biomedical manufacturing, manufacturing output fell 4.9% YoY and fell 2.1% on a three-month moving average basis.
This was attributed to declines in chemicals, precision engineering and electronics industries.
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