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Singapore's manufacturing output grows 2.2 pct in June

SINGAPORE
2022-07-26 13:58

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SINGAPORE, July 26 (Xinhua) -- The Singapore Economic Development Board (EDB) said on Tuesday that the country's manufacturing output increased 2.2 percent year-on-year in June, compared to the revised 10.4 percent increase in May.

Excluding biomedical manufacturing, the output grew 4.2 percent year-on-year, compared to the revised 13.4 percent increase in the previous month.

On a seasonally adjusted month-on-month basis, Singapore's manufacturing output decreased 8.5 percent in June. Excluding biomedical manufacturing, the output declined 6.9 percent.

In the first half of 2022, Singapore's manufacturing output expanded 5.6 percent compared to the year-earlier period. Excluding biomedical manufacturing, the output grew 7.5 percent year-on-year.

As for the performance of different clusters, the electronics cluster's output rose 2.3 percent year-on-year in June and 9.2 percent year-on-year in the first six months of this year.

On a year-on-year basis, the chemicals cluster's output declined 11 percent in June and 3.7 percent in the first half of 2022. The precision engineering cluster's output grew 5.6 percent in June and 4.8 percent in the six months. The transport engineering cluster's output increased 32 percent in June and 17.7 percent in the period of January to June.

The general manufacturing cluster's output rose 10.1 percent in June and 12.3 percent in the January-June period. The biomedical manufacturing cluster saw its output decreased 9.2 percent in June and 4 percent in the first half of this year.
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