Singapore Business Review/25 August 2017
All clusters posted positive growths in the said month.
Singapore’s manufacturing output saw a 21% expansion in July, thanks to the robust growth seen in all clusters.
The electronics cluster’s output increased 49.1% in July 2017, compared to the same month last year.
At the same time, the output of the precision engineering cluster grew 21.8% year-on-year in July 2017.
Meanwhile, the biomedical manufacturing cluster’s output grew 5.0% in July 2017 compared to a year ago.
For general manufacturing industries cluster, output increased 4.9% whilst the chemical cluster posted a 4.8% growth.
The transport engineering cluster’s output also increased, up 2.3% in July.
News Source: Singapore Business Review