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).

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