ZCZC
BCN-15
SINGAPORE-ECONOMY-MANUFACTURING
Singapore’s manufacturing output growth rebounds to 4.3 pct in October
SINGAPORE, Nov. 26, 2018 (BSS/Xinhua) – Singapore Economic Development
Board announced on Monday that the city-state’s manufacturing output rose by
4.3 percent year on year in October, compared to the revised 0.1 percent
decrease in September.
Excluding biomedical manufacturing, Singapore’s manufacturing output grew
3 percent year on year in October, compared to the two percent growth in
September.
In the first ten months, Singapore’s manufacturing output grew 7.5 percent
year on year. Excluding biomedical manufacturing, it grew 7.9 percent year on
year.
On a seasonally adjusted month-on-month basis, Singapore’s manufacturing
output hiked 2 percent in October. Excluding bio-medical manufacturing,
output grew 3.9 percent.
On a year-on-year basis, the electronics cluster’s output fell by 2.7
percent in October, the chemicals cluster’s output declined by 1 percent, the
transport engineering cluster’s output jumped by 30.8 percent, the bio-
medical manufacturing cluster’s output hiked 11.5 percent, the precision
engineering cluster’s output grew 1.4 percent, and the general manufacturing
industries saw their outputs up by 1.3 percent.
BSS/XINHUA/HR/1235