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Singapore Manufacturing Output Rises 17.6% in April

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Singapore's manufacturing output jumped 17.6% in April, backed by strong growth across almost all clusters, the city-state's Department of Statistics reported Tuesday.

Excluding biomedical manufacturing, output rose 21.5% year-on-year in April.

Electronics output grew 44%, driven by robust AI-related demand, the data showed. Precision engineering gained 15.1%, while general manufacturing and transport engineering expanded 16.9% and 10.1%, respectively.

Meanwhile, biomedical manufacturing fell 16.1%, mainly due to softer demand for medical devices, while chemicals dropped 17.6%.

On a month-on-month basis, manufacturing output increased 5.8% in April. Excluding biomedical manufacturing, output was also up 5.8% on a monthly basis.

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