Manufacturing, which accounts for about a quarter of the economy, climbed 9% in December from a year earlier after a revised 40.5% increase in November, the Economic Development Board said in a statement today. The median estimate of 12 economists surveyed by Bloomberg News was for a 16.8% gain. Production grew 29.7% in 2010.
Singapore’s industrial production rose at the fastest pace in six months as electronics and pharmaceutical manufacturers increased output to meet demand.
Manufacturing, which accounts for about a quarter of the economy, climbed 39.8% in November from a year earlier, after a revised 29.8% increase in October, the Economic Development Board said in a statement today. The median estimate of 14 economists surveyed by Bloomberg News was for a 32.8% gain.
Manufacturing, which accounts for about a quarter of the economy, climbed 31% in October from a year earlier, after a revised 26.8% increase in September, the Economic Development Board said in a statement today. The median estimate of 14 economists surveyed by Bloomberg News was for a 26.8% gain.
Manufacturing, which accounts for about a quarter of the economy, climbed 26.2% in September from a year earlier, after a revised 7.7% increase in August, the Economic Development Board said in a statement today. The median estimate of 17 economists surveyed by Bloomberg was for a 19% gain.
Manufacturing, which accounts for about a quarter of the economy, climbed 8.1% in August from a year earlier, after a 9.9% gain in July, the Economic Development Board said in a statement today. The median estimate of 10 economists surveyed by Bloomberg News was for an 11.7% gain.
Manufacturing, which accounts for about a quarter of the economy, climbed 9.9% from a year earlier, after a revised 29.5% gain in June, the Economic Development Board said in a statement today. The median estimate of 11 economists surveyed by Bloomberg was for a 9.3% gain.
Output at factories, which accounts for about a quarter of the economy, climbed 26.1% in June from a year earlier, after a revised 58.4% surge in May, the Economic Development Board said in a statement today. The median estimate of 10 economists surveyed by Bloomberg News was for a 38.4% gain.
Output at factories, which accounts for about a quarter of the economy, climbed 58.6% in May from a year earlier, after a revised 49.7% surge in April, the Economic Development Board said in a statement today. That’s the sixth straight month of growth. The median estimate of 12 economists surveyed by Bloomberg News was for a 37.2% gain.
Singapore’s March manufacturing output is up 43% on year, faster than expected, on robust growth in electronics, pharmaceuticals sectors.
Result beats +30.3% forecast in Dow Jones poll of seven economists.
Economic Development Board revises February growth downward to +17.9% on year vs +19.1 reported last month. Seasonally adjusted output down 1.5% on month, compared with down 7.9% predicted by poll.
Data unlikely to prompt fresh MAS tightening as numbers already factored in 1Q GDP estimates.
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