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Singapore’s manufacturing output rises 0.1pc in Sept

Singapore Economic Development Board said on Friday that the country’s manufacturing output grew 0.1 per cent year-on-year in September, compared to a revised 6.4 per cent decrease this August.

Excluding biomedical manufacturing, the output declined 4.3 per cent year-on-year in September, compared to a revised 10.3 per cent decrease in the previous month, reports Xinhua.

Meanwhile, on a seasonally adjusted month-on-month basis, Singapore’s manufacturing output increased 3.7 per cent in September. Excluding biomedical manufacturing, the output grew 5.9 per cent.

As for the performance of different clusters, the electronics cluster’s output contracted 9.6 per cent year-on-year in September, while the biomedical manufacturing cluster’s output expanded 21.9 per cent in the month, the precision engineering cluster’s output rose 4.0 per cent, the transport engineering cluster’s output grew 3.0 per cent, the chemicals cluster’s output fell 3.9 per cent, and the general manufacturing industries cluster’s output decreased 7.4 per cent.

source-FE

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