Singapore's manufacturing output rises 4 pct in October

Source: Xinhua | 2019-11-27

Singapore's Economic Development Board announced on Tuesday that the country's manufacturing output grew 4 percent year on year in October, compared to a revised 0.7-percent increase this September.

Excluding biomedical manufacturing, the output grew 0.2 percent year on year in October, compared to a revised 3.8-percent decrease in the previous month.

Meanwhile, on a seasonally adjusted month-on-month basis, Singapore's manufacturing output increased 3.4 percent in October. Excluding biomedical manufacturing, the output grew 6.5 percent.

As for the performance of different clusters, the electronics cluster's output rose 0.4 percent year on year in October, while the biomedical manufacturing cluster's output expanded 24 percent in the month. The precision engineering cluster's output grew 3.4 percent and the transport engineering declined 2.4 percent. The chemicals cluster's output fell 9.6 percent, with the general manufacturing industries increasing 7.3 percent.