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Chart of the day: Electronics top manufacturing cluster growth at 33.6%

Chemicals and biomedical manufacturing saw slight dip this May.

This chart from the Economic Development Board of Singapore shows that out of all manufacturing clusters, electronics showed the highest growth in May at 33.6% supported by strong demand from 5G markets and data centres amidst the global chip shortage

This was followed by the transport engineering cluster at 12.9%, general manufacturing at 9%, and precision engineering at 3.2%.

Meanwhile, the chemical cluster saw a dip of 3.4% in May. The biomedical cluster saw the biggest drop at 7.2%.

On a year-on-year basis, Singapore’s manufacturing output increased 13.8% in May 2022.
 

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