Singapore’s manufacturing output up 13% in May, led by electronics production

Electronics grew 35.8 per cent, led by the infocomms and consumer electronics as well as the semiconductors segments. EDB attributed the increase to robust AI-related demand.

Precision engineering increased 32.2 per cent, with the machinery and systems segment recording higher production of semiconductor equipment.

The precision modules and components segment also produced more optical instruments, electronic connectors and dies, moulds, tools, jigs and fixtures.

General manufacturing industries grew 1.8 per cent, led by the miscellaneous industries segment, which had increased production of structural metal products.

On the other hand, transport engineering output fell by 5 per cent due to lower aerospace maintenance repair and overhaul (MRO) activity, reduced work related to oil rigs and offshore platforms, as well as softer demand for oil and gas field equipment.

Chemicals decreased by 11.5 per cent, led by lower production in the petroleum and petrochemicals segments due to disruptions in feedstock supply.

Biomedical manufacturing fell by 24.2 per cent, as medical technology output declined amid softer demand for medical devices.

Meanwhile, pharmaceuticals output contracted on lower biologics production and a different mix of active pharmaceutical ingredients.