Manufacturing down amid trade tensions

Trade tensions between China and the United States have disrupted supply chains and hit demand for local manufacturers.
Trade tensions between China and the United States have disrupted supply chains and hit demand for local manufacturers.ST PHOTO: KUA CHEE SIONG

Manufacturing output in Singapore slumped last month as factories grappled with the increasing fallout from the trade war.

Overall output fell 2.4 per cent last month, compared with May last year, going by data from the Economic Development Board. This was worse than the 1.8 per cent fall analysts had expected.

Trade tensions between China and the United States have disrupted supply chains and hit demand for local manufacturers.

The key electronics sector saw production dive 10.8 per cent.

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A version of this article appeared in the print edition of The Straits Times on June 27, 2019, with the headline 'Manufacturing down amid trade tensions'. Print Edition | Subscribe