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Singapore Manufacturing – December 26-2023

In November 2023, Singapore saw a 1% annual growth in manufacturing. This was a significant slowdown from the revised 7.6% increase in the previous month. The growth was also less than the anticipated 3.1%. In terms of monthly activity, there was a steep decline of 7.8%, contrary to the predicted 7.1% fall. This was a sharp turnaround from the revised 9.9% surge in October.

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