SINGAPORE, Jan 25 (Reuters) - Singapore's Economic
Development Board (EDB) on Friday released the following
industrial production data for December:
(change in percentage terms)
Dec Nov* Oct* Sep* Aug* Jul*
m/m s/adj 5.4 1.8 1.1 -2.6 -2.6 -8.7
y/y -0.6 2.9 -5.1 -3.6 -2.8 2.2
Dec Nov* Oct*
m/m s/adj 1.2 0.5 1.0
y/y -5.2 0.7 -0.8
- Singapore's December industrial production was better than
the median forecast of a 4.3 percent year-on-year contraction in
a Reuters poll. The month-on-month expansion beat the poll's
median estimate for growth of 0.2 percent.
- Singapore's electronics output fell 16.9 percent from a
year ago, worsening from November's revised 3.6 percent drop.
For all of 2012, electronics production fell 11.3 percent.
- Pharmaceuticals production rose 21.0 percent from a year
ago. For the full year, pharmaceuticals gained 9.7 percent.
- Singapore's non-oil domestic exports fell 16.3 percent to
S$13.19 billion in December from a year earlier, much worse than
the median forecast of a 7.5 percent drop. The drop was partly
due to a high year-ago base when shipments were boosted by a
surge in rig deliveries.
- Although Singapore exports most of what it produces, there
is sometimes a time lag between production and shipment. The
city-state's exports data is reported in Singapore dollars while
industrial production data is based on an index that takes into
For the full set of data, please click on
(Reporting by Kevin Lim; Editing by Richard Borsuk)
Keywords: SINGAPORE ECONOMY/MANUFACTURING
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