Singapore's manufacturing output rises 9.1 pct in January-Xinhua

Singapore's manufacturing output rises 9.1 pct in January

Source: Xinhua

Editor: huaxia

2025-02-26 13:54:45

SINGAPORE, Feb. 26 (Xinhua) -- Singapore's manufacturing output grew 9.1 percent year-on-year in January 2025, according to data released Wednesday by the Singapore Economic Development Board.

On a seasonally adjusted month-on-month basis, manufacturing output increased by 4.5 percent.

Among industry clusters, biomedical manufacturing led the growth with a 19.3 percent year-on-year increase. Within this sector, pharmaceutical output surged 33.6 percent, driven by a different mix of active pharmaceutical ingredients being produced and higher production of biological products compared to a year ago.

The electronics and transport engineering clusters also expanded, with output rising 18.9 percent and 3.8 percent, respectively.

In contrast, general manufacturing, chemicals, and precision engineering registered declines.