SINGAPORE: Singapore’s manufacturing output declined for a second consecutive month in December 2019, according to data released by the Economic Development Board (EDB) on Friday (Jan 24).
Output dropped 0.7 per cent year-on-year last month, following the larger than expected 9.3 per cent fall in November.
On a seasonally adjusted basis, output increased by 4.1 per cent in December from the previous month.
The performance rounds up the decline in manufacturing output in 2019 which registered at 1.4 per cent lower than in 2018, EDB data showed.
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