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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)
May-25 119.8 3.9 123.8 5.6
Total Output 3/ 4/ 5/ S$m 2024 423,607 3.0 411,193 -11.0
Value Added 4/ S$m 2024 114,464 5.2 108,755 -20.1
Employment 4/ '000 2024 350.5 -3.5 363.1 1.4
Remuneration 4/ S$m 2024 25,926 1.6 25,508 2.7
Change in Unit Labour Cost of Manufacturing % 2024 83.4 -0.8 84.1 9.5

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) 2020.
4 Refers to all manufacturing establishments.
5 Includes manufacturing output and other operating income.