empty
 
 

2021.07.2606:25:00UTC+00Singapore Industrial Production Rises In June

Singapore's industrial production increased in June, data from the Economic Development Board showed on Monday.

Industrial output grew 27.5 percent year-on-year in June, following a 27.0 percent rise in May. Production was forecast to increase 26.8 percent.

Excluding biomedical manufacturing, industrial production gained 24.8 percent yearly in June, after a 25.4 percent rise in the preceding month.

On a monthly basis, industrial production declined 3.0 percent in June, after a 4.4 percent growth in the previous month. Economists had expected a 0.3 percent rise.

Biomedical manufacturing increased 42.5 percent annually in June. Chemicals and transport engineering increased by 30.6 percent and 28.3 percent, respectively.

Electronics accelerated 26.2 percent and precision engineering gained 22.2 percent. General manufacturing output grew 17.4 percent.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In April we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback