Manufacturing output up 7.6% in June

If not for biomedical manufacturing, output would have fallen 1.5%.

Singapore Economic Development Board reported:

On a year-on-year basis, manufacturing output grew 7.6% in June 2012. Excluding biomedical manufacturing, output fell 1.5%. On a three-month moving average basis, manufacturing output increased 4.5% in June 2012, compared to a year ago. On a seasonally adjusted month-on-month basis, manufacturing output rose 3.9% in June 2012. Excluding biomedical manufacturing, output declined 3.8%.

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