Singapore's manufacturing output up 12.6% in February

The electronics cluster posted the highest output increase of 39.8%.

According to the Singapore Economic Development Board, on a year-on-year basis, manufacturing output increased 12.6% in February 2017. Excluding biomedical manufacturing, output grew 17.1%.

Here’s more from EDB:

On a three-month moving average basis, manufacturing output rose 12.8% in February 2017, compared to a year ago.

On a seasonally adjusted month-on-month basis, manufacturing output decreased 3.7% in February 2017 compared to January 2017. Excluding biomedical manufacturing, output fell 3.4%.

The electronics cluster’s output increased 39.8% in February 2017 compared to the same month last year. This was mainly attributed to the semiconductors segment which posted a robust growth of 63.6%.

The other electronic modules & components and infocomms & consumer electronics segments also grew 16.5% and 8.3%, respectively. Cumulatively, output of the electronics cluster increased 30.1% from January to February this year, compared to the same period last year.

Also Read

Singapore ranks second in global economic freedom

Economists forecast modest NODX growth for Singapore in 2024

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit