Singapore's factory output up 11.9% in Nov
SINGAPORE'S manufacturing output increased 11.9 per cent in November, compared to the same month last year, lifted by the biomedical manufacturing cluster where output grew 34.8 per cent year-on-year.
Excluding biomedical manufacturing, factory output grew 6.4 per cent year-on-year, based on the latest release by the Economic Development Board (EDB) on Friday.
On a seasonally adjusted month-on-month basis, industrial production rose 6.1 per cent in November, with output growth at 5.1 per cent excluding biomedical manufacturing.
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