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Manufacturing output rises 21% in July

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