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Singapore factory output growth slows to 4% in November

Published on Dec 26, 2013 1:00 PM
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Singapore's factory output grew 4 per cent in November over the same month last year, boosted mainly by the electronics and transport engineering segments. -- FILE PHOTO: BLOOMBERG  

Singapore's factory output grew 4 per cent in November over the same month last year, boosted mainly by the electronics and transport engineering segments.

But the expansion was smaller than October's 8.3 per cent surge, according to Economic Development Board (EDB) data released on Thursday.

Production also fell 2.8 per cent in November from October - the first month-on-month contraction in three months.

EDB figures showed that last month's factory production was buoyed by electronics output, which expanded 11 per cent in November over the same month last year. It was the electronics segment's eighth consecutive month of growth.

 
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