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Singapore's manufacturing output surges 8.6% on year in January 2021

The Singapore Economic Development Board (EDB) said that the country's manufacturing output increased 8.6 per cent year on year in January 2021, compared to the 16.2 per cent increase last December

Topics
Singapore economy | Singapore

IANS  |  Singapore 

Employees are seen by their workstations at a printed circuit board assembly factory in Singapore. Photo: Reuters
Employees are seen by their workstations at a printed circuit board assembly factory in Singapore

The Economic Development Board (EDB) announced on Friday that the country's manufacturing output increased 8.6 per cent year on year in January 2021, compared to the 16.2 per cent increase last December.

Excluding biomedical manufacturing, the output grew 12.1 per cent year on year in January, the Xinhua news reported.

As for the performance of different clusters, the electronics cluster's output grew 19.8 per cent year on year in January, while the biomedical manufacturing cluster saw its output fall 8.6 per cent, the chemicals cluster's output grew 9 per cent, the precision engineering cluster's output grew 15.3 per cent, the transport engineering cluster's output decreased 19 per cent, and the general manufacturing cluster's output expanded 3.3 per cent.

--IANS

int/rs

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Sat, February 27 2021. 08:01 IST
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