Singapore's manufacturing output falls 1.4 pct in 2019

Source: Xinhua| 2020-01-24 13:31:34|Editor: Shi Yinglun
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SINGAPORE, Jan. 24 (Xinhua) -- Singapore Economic Development Board announced on Friday that the country's manufacturing output declined 1.4 percent year on year in 2019. Last December, the output declined 0.7 percent year on year.

Excluding biomedical manufacturing, the output decreased 4.1 percent year on year in 2019. In December only, the output excluding biomedical manufacturing decreased 3.2 percent year on year.

On a seasonally adjusted month-on-month basis, Singapore's manufacturing output increased 4.1 percent in December 2019. Excluding biomedical manufacturing, the output rose 1.1 percent.

As for the performance of different clusters, the electronics cluster's output decreased 7.4 percent year on year in the whole year of 2019 but increased 0.2 percent last December.

Meanwhile, the biomedical manufacturing cluster's output rose 10.7 percent year on year in the year and 10.3 percent in the month, the precision engineering cluster's output fell 2.5 percent in the year but grew seven percent in the month, the transport engineering cluster's output contracted 1.8 percent in the year and 14.1 percent in the month, the chemicals cluster's output fell two percent in the year and 5.2 percent in the month, and the general manufacturing industries cluster's output increased 1.5 percent in the year but declined ten percent in the month.

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