Singapore's manufacturing output increased 9.8% YoY in Sept, led by a 62% rise in biomedical manufacturing.

Singapore's manufacturing output rose by 9.8% year-on-year in September, driven primarily by a 62% increase in biomedical manufacturing, which includes pharmaceuticals and biological products. Other sectors like precision engineering, general manufacturing, chemicals, and electronics also saw growth. However, transport engineering output fell by 1.9% year-on-year and contracted by 9.4% from January to September compared to the previous year.

October 25, 2024
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