Alongside optical products and metal precision parts, the higher production of semiconductor equipment also supported a recovery in the precision engineering cluster, which saw overall year-on-year growth of 9.1 per cent in June, after a 6.6 per cent fall in May.Biomedical manufacturing production plunged by 30.6 per cent in June, on the back of a steep decline in biological products output in the pharmaceutical segment.
The latest fall in biomedical manufacturing reversed the cluster’s growth of 1.9 per cent in May and finally snapped a months-long winning streak that began in January. Broad-based contractions in transport engineering drove the cluster to plummet by 33.9 per cent, as the pandemic capped the volume of aircraft repair and maintenance work and sharply curtailed the movement of foreign workers in marine and offshore engineering.
Source: News Formal (newsformal.com)
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