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Singapore’s manufacturing sector sees 3.4% growth in March

Felicia Tan
Felicia Tan4/26/2022 01:05 PM GMT+08  • 3 min read
Singapore’s manufacturing sector sees 3.4% growth in March
A view of the port of Singapore. Photo: Bloomberg
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Singapore’s manufacturing output increased by 3.4% y-o-y in March, making this the seventh straight month of growth.

Excluding the biomedical manufacturing sector, output surged by 9.7% y-o-y.

On a seasonally adjusted month-on-month (m-o-m) basis, however, manufacturing output fell by 12.6%, reversing from the m-o-m growth seen in February.

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