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Singapore manufacturing grows in January for seventh consecutive month

Published on Feb 26, 2014 1:02 PM
 
Singapore's manufacturing output expanded last month for the seventh straight month, growing 3.9 per cent from the same period a year ago. -- ST FILE PHOTO: DESMOND WEE

Singapore's manufacturing output expanded last month for the seventh straight month, growing 3.9 per cent from the same period a year ago.

But the sector appears to be losing some steam, with output falling 8.1 per cent in January over December, according to data released by the Economic Development Board (EDB) on Wednesday.

Electronics output increased 7.4 per cent in January over the previous year, with all segments recording higher numbers.

The chemicals sector output rose 8.4 per cent in the period, as new petrochemical plants that opened last year continued to ramp up their production.

 
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