Surge in electronics output sends Singapore's manufacturing up 6.2% in December
Published on Jan 24, 2014 1:00 PM
Singapore's manufacturing sector grew 6.2 per cent in December last year over the year before, boosted by a jump in electronics production.
November's factory production was also revised upwards, growing 6.6 per cent over the previous year instead of an earlier estimated 4 per cent, the Economic Development Board (EDB) said on Friday.
Output of electronics products surged 22.2 per cent last month over a year ago, according to EDB data.
In particular, the production of data storage and semiconductors climbed 32 per cent and 25.7 per cent respectively, partly due to a low base in December 2012 when demand for electronics was weak.
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