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Surge in manufacturing output in Singapore in November

Release Date:2012-05-05  Hits:364
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Singapore Economic Development Board announced data show strong growth mainly driven by the biomedical manufacturing output in November, which jumped 166.7% year on year. If you do not include the bio-pharmaceutical industry, Singapore's November manufacturing output grew by 16.1%. The proportion of manufacturing industry in Singapore's economy is about one quarter World steel pipe network editing . Last quarter because of the slowdown in manufacturing growth and lead to economic contraction, but local analysts believe that with the continuous recovery of the global export demand, Singapore's industrial output and export growth is expected to maintain a healthy level, Singapore's annual economic growth is still is expected to record.

vigorous development of Singapore's biomedical industry a strong impetus to the substantial increase in manufacturing output. According to data recently released by the Singapore Economic Development Board, Singapore's manufacturing output in November of this year over the same period last year surged by 39 World Steel Pipe News .8 percent in six months, growth in the fastest months.


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