Singapore Industrial Output Growth Accelerates To 15.4%
Electronics output rose 28.5% and precision engineering jumped 33.9%, while the chemicals cluster fell 12.7%, the Economic Development Board said.
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4 Articles
Singapore Industrial Output Growth Accelerates To 15.4%
Singapore's industrial production growth quickened in August to the highest level in three months. Industrial production advanced 15.4 percent year-on-year in August, faster than the 6.9 percent growth in July. All clusters logged production growth annually in August, except chemicals. Precision engineering output increased the most by 33.9 percent from last year.
Manufacturing output more than doubles to 15.4% in August, led by precision engineering
Singapore's manufacturing output rose by 15.4 per cent year-on-year in August, driven mainly by growth in the electronics, precision engineering, transport engineering and general manufacturing clusters.Excluding biomedical manufacturing, output in August increased by 17 per cent, improving upon the 8.2 per cent growth in July, according to official data from the Economic Development Board (EDB) released on Monday (Sept 28).On a seasonally-adjus…
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