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Singapore factory output to stay positive - but electronics slowdown may kick in soon

Year-on-year production growth of 16.9% in October is led by a rebound in the volatile biomedical manufacturing cluster

Annabeth Leow

Annabeth Leow

Published Sat, Nov 27, 2021 · 05:50 AM
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Singapore

SINGAPORE'S industrial output bounced back in October from the drop the month before, and is expected to stay positive in 2022 - but factory growth will be slower from here as electronics cools from its breakneck pace, economists have warned.

"Electronics looks like it's struggling a bit, possibly due to supply chain issues starting to bite," OCBC chief economist Selena Ling told The Business Times.

KEYWORDS IN THIS ARTICLE

Singapore manufacturing

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