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Items Unit Latest Period Latest Data % Change
(Y-o-Y)  1/		 Previous
Period Data		 % Change
(Y-o-Y)  2/
Manufacturing            
Industrial Production Index (2019=100)
Dec-22 129.6 -3.1 117.3 -3.8
Total Output 3/ 4/ S$m 2021 385,637.9 23.0 313,408.7 -7.2 
Value Added 4/ S$m  2021 112,666.8 26.7 88,901.0 -4.0
Employment 4/ '000  2021 350.6 -5.3 370.1 -2.5
Remuneration 4/ S$m 2021 22,717.0 2.3 22,199.7 -1.8
Change in Unit Labour Cost of Manufacturing % 2021  68.8 -1.3 69.7 -21.2

Data are preliminary when first released.
1 Refers to % change in latest period over the same period in the previous year.
2 Refers to % change in the previous period over the same period in the previous year.
3 Classified according to Singapore Standard Industrial Classification (SSIC) 2015.
4 Refers to all manufacturing establishments.