Manufacturing ends 2017 on a high

Employees working at the wafer production line at REC Solar ASA manufacturing facility in Tuas.
Employees working at the wafer production line at REC Solar ASA manufacturing facility in Tuas.PHOTO: ST FILE

Fuelled mainly by a strong growth in electronics, Singapore manufacturers ended last year on a high.

The latest purchasing managers' index, an early indicator of manufacturing activity, came in at 52.8 for last month, down marginally from 52.9 for the previous month.

Last month was the 16th consecutive month of improvement in manufacturing.

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A version of this article appeared in the print edition of The Straits Times on January 04, 2018, with the headline 'Manufacturing ends 2017 on a high'. Print Edition | Subscribe