Singapore's manufacturing output growth further narrowed to 11.2% in August


SINGAPORE, Sept 25 (Xinhua):The Singapore Economic Development Board (EDB) ahas announced that the country's manufacturing output growth on a year-on-year basis narrowed to 11.2 per cent in August, from the revised 16.4 per cent in July and 28.3 per cent in June.

Excluding biomedical manufacturing, the output grew 13.6 percent year on year this August, compared to the revised 6.7 per cent growth in July and 25.4 percent growth in June.

On a seasonally adjusted month-on-month basis, Singapore's manufacturing output increased 5.7 percent in August. Excluding biomedical manufacturing, output grew 8.8 percent.

As for the performance of different clusters, the electronics cluster's output expanded 15.4 per cent year on year in August, while the chemicals cluster's output grew 0.4 per cent, the precision engineering cluster's output grew 22.9 per cent, the transport engineering cluster's output increased 23.5 per cent, and the general manufacturing cluster's output rose 6.2 per cent.

The biomedical manufacturing cluster saw its output contracted 0.6 percent year on year in August, compared to the revised 78.6 per cent expansion in the previous month. - Xinhua

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