Singapore's manufacturing output expands 15.6% in December; achieves 13.2% growth for 2021

SINGAPORE: Singapore's manufacturing output ended the year on a strong note, with all but one cluster showing growth.

On a seasonally adjusted month-on-month basis, December's output increased 4.3 per cent. Excluding biomedical manufacturing, production fell 1.1 per cent.EXPANSION IN MOST CLUSTERS The aerospace segment grew 58.9 per cent in December with higher demand for maintenance, repair and overhaul activities, due to the easing of global travel restrictions compared to a year ago, said EDB.

However, the specialties segment fell 2.3 per cent with lower production of mineral oil additives while the other chemicals segment contracted 11.1 per cent with lower output in fragrances.

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