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Last updated: 28 Feb, 2021  

Singapore.9.Thmb.jpg Singapore's manufacturing output surges 8.6% on year in Jan

Singapore.9.jpg
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» India’s forex reserves on way to reclaim all-time high of $704.8 billion
» Centre notifies new rules for GST Appellate Tribunal
» India’s steel industry poised for global growth, focus on FTAs and self-reliance: Piyush Goyal
» Sensex, Nifty plunge over 1 per cent amid geopolitical tensions
» ‘India Steel 2025’ to deliver roadmap on capitalising international market
IANS | 27 Feb, 2021
The Singapore 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.
 
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