Revised figures showed output increased 1.1 per cent in September, though production remained 1.4 per cent lower year-over-year (YoY) in that month. Capital and consumer goods production both increased 2.1 per cent, while intermediate goods rose 0.6 per cent. Energy production also strengthened, up 1.4 per cent, Destasis said in a press release.
Industrial production excluding energy and construction rose 1.5 per cent MoM but was marginally down 0.1 per cent YoY.
Energy-intensive sectors recorded a 0.6 per cent increase MoM and posted the same rate of growth over the latest three-month period. YoY, output in energy-intensive industries dipped 0.1 per cent.
ALCHEMPro News Desk (SG)
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