Singapore’s manufacturing output shrank year-on-year in July

The Singapore Economic Development Council announced on the 26th that after preliminary calculation, Singapore’s manufacturing output increased by 16.3% year-on-year in July, while after recalculation, Singapore’s manufacturing output increased by 28% year-on-year in June and 27% in May.
In July, the output of Singapore’s electronics industry cluster increased by 1.5% year-on-year, while after recalculation, it increased by 27.4% in June. Among them, the output of semiconductor manufacturing industry decreased by 0.4% year-on-year, and the output of information communication and consumer electronics manufacturing industry increased by 28% year-on-year.

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