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The Financial Express

Singapore's manufacturing output rises 17.9 pct in January

| Updated: February 27, 2018 10:19:06


File Photo (Collected) File Photo (Collected)

The manufacturing output of Singapore grew 17.9 per cent year on year in January, compared to a 3.9 percent decline last December, the Economic Development Board said on Monday.

The output grew 21.6 per cent year on year in January, excluding biomedical manufacturing.

On a seasonally adjusted month-on-month basis, the country’s manufacturing output increased 6.7 per cent in January 2018.

Excluding biomedical manufacturing, output grew 4.5 per cent, reports Xinhua.

In a breakdown and on a year-on-year basis, the electronics cluster's output increased 32.4 per cent in January, the biomedical manufacturing cluster's output rose 2.5 per cent, the precision engineering cluster's output grew 24.5 per cent, the transport engineering cluster's output hiked 1.4 per cent, the chemicals cluster's output increased 13.7 per cent, and the general manufacturing industries cluster's output grew 11.6 per cent.

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