February’s showing is an improvement from the 8.6% y-o-y increase registered in the previous month.
Singapore’s manufacturing output expanded by 16.4% y-o-y in February, following expansions across sectors such as electronics and biomedical manufacturing.
Excluding biomedical manufacturing, the increase in output narrowed to 13.6%, according to data released by Singapore’s Economic Development Board (EDB), a government agency under the Ministry of Trade and Industry (MTI).
