The manufacturing industry has expanded for five consecutive months. The electronics industry PMI rebounded to the level before the tariff impact in December last year.
📊Executive Summary
The manufacturing sector in Singapore has shown positive growth for five consecutive months, with the electronics industry PMI rising to 50.9 in December, indicating expansion. This recovery is attributed to increased new orders and production output. However, analysts caution that supply chain disruptions and the lingering effects of tariffs pose risks to future growth. The report highlights that while the overall outlook is positive, manufacturers are still facing challenges such as limited capacity and increased logistics costs due to supply chain shocks. This situation necessitates close monitoring of procurement strategies in the electronics sector....
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