Manufacturing output dips 10.5% MoM in August

Excluding the biomedical manufacturing segment, the output would’ve fallen by 16.6% MoM.

Singapore’s manufacturing output fell 10.5% MoM and 12.1% YoY in August 2023, according to the latest data released by EDB Singapore.

Excluding biomedical manufacturing, which recorded a 1.8% YoY decline, August’s manufacturing output would have fallen further by 16.6% MoM and 13.3% YoY.

In August, most clusters recorded output decreases except transport engineering, which recorded a 16.2% YoY increase in output.

Apart from biomedical manufacturing, the other clusters that recorded output decreases were chemicals (-5.9% YoY), precision engineering (-14.4% YoY) and general manufacturing (-6.1% YoY), electronics (-20.0%).

Follow the link for more news on

Economic Development Board Singapore

Singapore manufacturing report

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia