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Singapore's manufacturing output rose by 7.2 per cent year-on-year in June, driven mainly by growth in the electronics, precision engineering and transport engineering clusters.Excluding biomedical manufacturing, output in June increased by 9.6 per cent, dowSingapore's factory output rises 7.2% in June, lower than 13% recorded in May
Singapore's manufacturing output rose by 7.2 per cent year-on-year in June, driven mainly by growth in the electronics, precision engineering and transport engineering clusters.Excluding biomedical manufacturing, output in June increased by 9.6 per cent, down from the 17.7 per cent spike in May, according to official data from the Economic Development Board (EDB) released on Monday (July 27).On a seasonally adjusted month-on-month basis, manufacturing output decreased by 7.2 per cent, from the 0.7 per cent drop in May, while output excluding biomedical manufacturing dropped by 11.2 per cent.General and biomedical manufacturing, chemicals sectors droppedBiomedical manufacturing declined 11.4 per cent in June from the 24.2 per cent recorded in May.This was due to the pharmaceuticals cluster seeing a different mix of active pharmaceutical ingredients being produced, EDB said.General manufacturing also saw a decline — by 6.8 per cent — reversing the 11.8 per cent increase posted in May. Read more











