Singapore manufacturing report
Economists revise full-year IP growth forecast to 1.5% on August surge
The previous forecast was 1.0%
Economists revise full-year IP growth forecast to 1.5% on August surge
The previous forecast was 1.0%
Manufacturing growth expected to pick up in Q4 2024, led by electronics
In July, output grew by 1.8% YoY.
Manufacturing output up 1.8% YoY in July
Excluding the biomedical manufacturing segment, output would’ve increased by 3.4% YoY.
Manufacturing output drops 1.6% YoY in June
Excluding the biomedical manufacturing segment, output would’ve increased by 1.7% YoY.
Manufacturing output rebounds with 2.9% rise in May
Electronics jumped 20% YoY.
Manufacturing output drops 1.6% YoY in April
Excluding the biomedical manufacturing segment, output would’ve increased by 1.7% YoY.
Manufacturing output drops 3.2% YoY in March
Excluding the biomedical manufacturing segment, output would’ve decreased by 5.9% YoY.
Experts unfazed by manufacturing dip, expect mid-2024 rebound
In January, output decreased by 5.7% MoM.
Signs of a broader recovery in manufacturing to emerge mid-2024
For the whole year, experts predict IP to expand by 4.0%-5.0%.
Manufacturing output dips 2.5% YoY in December
Excluding the biomedical manufacturing segment, output would’ve increased by 0.5% YoY.
Singapore's industrial production to contract by 7.0% in 2023
Expert says the manufacturing sector could remain downbeat for the rest of the year.
Manufacturing output grows 10.7% MoM in September
Excluding the biomedical manufacturing segment, output would’ve grown by 17.9% MoM.
IP to contact 7.0% in 2023: forecast
Experts said weak external demand persist for the rest of the year.
August contraction a ‘blip,’ IP momentum to still improve in 4Q – expert
RHB cited 2 factors for the deeper-than-expected manufacturing output decline in August.
Manufacturing output dips 10.5% MoM in August
Excluding the biomedical manufacturing segment, the output would’ve fallen by 16.6% MoM.
Manufacturing growth to return to positive territories in 4Q23: experts
In July, output rose by 4.1% MoM.
Will SG’s manufacturing momentum improve in 2H23?
Manufacturing output contracted anew in July, by 10.8% YoY.
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