Singapore's industrial production registered a double-digit growth in November but the pace of expansion moderated, data from the Economic Development Board showed on Friday.
Driven by biomedical manufacturing, industrial output grew 14.3 percent year-on-year in November but slower than October's 28.9 percent increase.
Biomedical manufacturing output surged 79.3 percent as the pharmaceutical segment expanded 124.3 percent. Excluding biomedical manufacturing, industrial output advanced only 4.6 percent after rising 15.5 percent in the prior month.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.