FOREX TradingCharts.com

Financial News: Singapore Manufacturing Output Growth Moderates In Novembe

Singapore Manufacturing Output Growth Moderates In November

12/24/2021 - 02:21:00 (RTTNews)

(RTTNews) - Singapore's manufacturing output logged a double-digit growth in November but the pace of expansion eased, data from the Economic Development Board showed on Friday.

Manufacturing output rose 14.6 percent year-on-year in November, following a 17.0 percent rise in October. This was the second consecutive expansion and exceeded economists' forecast of +13.4 percent.

Excluding biomedical, manufacturing output growth improved to 12.4 percent from 9.7 percent a month ago.

Month-on-month, manufacturing output gained 2.3 percent versus 2.4 percent in October.

All clusters of manufacturing reported growth from the previous year. Transport engineering logged the biggest annual increase of 31.2 percent, followed by a 20.1 percent rise in biomedical manufacturing.

Precision engineering and electronics rose 13.7 percent and 10.2 percent, respectively. General manufacturing climbed 8.8 percent and chemicals by 8.5 percent, data showed.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


UK Consumer Sentiment Weakens In January: GfK (43 min(s), 52 sec(s) ago)
(RTTNews) - UK consumer confidence weakened in January amid concerns over higher inflation and int ...Full Story»

European Economics Preview: UK Retail Sales Data Due (01 hr(s), 40 min(s), 52 sec(s) ago)
(RTTNews) - Retail sales data from the UK is due on Friday, headlining a light day for the Europea ...Full Story»

Japan Inflation Climbs 0.8% On Year In December (58 min(s), 08 sec(s) ago)
(RTTNews) - Overall consumer prices in Japan were up 0.8 percent on year in December, the Ministry ...Full Story»

Japan Inflation Data Due On Friday (53 min(s), 08 sec(s) ago)
(RTTNews) - Japan will on Friday release December data for consumer prices, highlighting a modest ...Full Story»

ECB Minutes Show Caution About 'Higher For Longer' Inflation (51 min(s), 08 sec(s) ago)
(RTTNews) - European Central Bank policymakers retained the view that the current spike in inflati ...Full Story»

Indonesia Central Bank Leaves Rates Unchanged (57 min(s), 08 sec(s) ago)
(RTTNews) - Indonesia's central bank on Thursday left its key interest rate unchanged again in ...Full Story»

Malaysia Holds Key Rate Steady At 1.75% (18 min(s), 08 sec(s) ago)
(RTTNews) - Malaysia's central bank left its key interest rate unchanged on Thursday as it exp ...Full Story»

Turkey Central Bank Keeps Rate Unchanged (08 sec(s) ago)
(RTTNews) - Turkey's central bank kept its interest rates unchanged on Thursday, after slashin ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

UK Consumer Sentiment Weakens In January: GfK

01/21/2022 - 01:53 AM (RTTNews)
(RTTNews) - UK consumer confidence weakened in January amid concerns over higher inflation and int ...Full Story>>

European Economics Preview: UK Retail Sales Data Due

01/21/2022 - 00:56 AM (RTTNews)
(RTTNews) - Retail sales data from the UK is due on Friday, headlining a light day for the Europea ...Full Story>>

Japan Inflation Climbs 0.8% On Year In December

01/20/2022 - 20:35 PM (RTTNews)
(RTTNews) - Overall consumer prices in Japan were up 0.8 percent on year in December, the Ministry ...Full Story>>

Japan Inflation Data Due On Friday

01/20/2022 - 17:30 PM (RTTNews)
(RTTNews) - Japan will on Friday release December data for consumer prices, highlighting a modest ...Full Story>>

ECB Minutes Show Caution About 'Higher For Longer' Inflation

01/20/2022 - 12:28 PM (RTTNews)
(RTTNews) - European Central Bank policymakers retained the view that the current spike in inflati ...Full Story>>

Do not sell my personal information

Copyright © 2022. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.