Singapore factory output jumps 30 per cent in May, in seventh straight month of growth


Expansion was seen across all clusters, with precision engineering the top performer with a 58.6 per cent surge from a year ago. - ST

SINGAPORE (The Straits Times/ANN): Manufacturing output in Singapore saw a huge jump in May, helped by a low base a year ago amid Covid-19 circuit breaker measures.

Factory production expanded 30 per cent year on year - a seventh straight month of growth, according to data released by the Economic Development Board on Friday (June 25).

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Singapore , factory , output , May

Next In Aseanplus News

Laos on track to graduate from LDC status this year, confirms UN
Indonesia and UK strengthen green diplomacy with pact to restore 57 national parks
Singapore users flocking to Elon Musk’s Grok despite deepfake controversy
Cambodian PM convenes meeting to intensify fight against online scams
Marcos stable after experiencing 'discomfort', says Philippine Presidential office
Brunei introduces Smart IoT system to speed up response to cable theft
Malaysian Media Council’s official complaints mechanism now fully operational
Bangladesh launches campaigns for first post-Hasina polls
S. Korea prosecutor appeals court ruling on ex-President Yoon's obstruction charges
Oil edges up after Trump backs off tariff threat on Greenland

Others Also Read