Singapore's factory output jumps 12.1% in March
Published on Apr 25, 2014 1:00 PM
SINGAPORE - The manufacturing sector turned in another strong performance last month, producing 12.1 per cent more output over a year ago.
This comes on top of a 13.1 per cent jump in February's production, which was revised up from a previous estimate of 12.8 per cent growth.
Manufacturers across all segments churned out more goods in March, but those in the transport engineering and biomedical clusters proved particularly busy, according to data from the Economic Development Board (EDB) on Friday.
Output in the transport engineering cluster jumped 29.4 per cent last month from the previous year, on the back of a thriving marine and offshore engineering industry, the EDB said.
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