iifl-logo

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

sidebar image

Economic Buzz: Singapore Industrial Production Rise 0.5% On Year In August

26 Sep 2022 , 12:27 PM

Singapores industrial production increased unexpectedly in August, preliminary data from the Economic Development Board showed. Industrial production rose 0.5 percent year-over-year in August, slower than the 0.8 percent gain in July. On a monthly basis, industrial production recovered 2.0 percent in August, following a 2.1 percent drop in July. Among industry clusters, transport engineering grew the most, by 32.8 percent annually in August. There was an increase of 42.8 percent in the marine and offshore engineering segment, supported by a higher level of work done in ship-repair and offshore projects. Output advanced 18.8 percent in the general manufacturing segment in August from a year ago, and biomedical manufacturing output rose 11.1 percent. Precision engineering production gained 2.9 percent. On the other hand, electronics output decreased 7.8 percent and chemical output logged a sharp fall of 11.2 percent.Powered by Commodity Insights

Related Tags

  • capital market
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More
Knowledge Center
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Capital Services Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Loading...

Follow us on

facebooktwitterrssyoutubeinstagramlinkedintelegram

2025, IIFL Capital Services Ltd. All Rights Reserved

ATTENTION INVESTORS

RISK DISCLOSURE ON DERIVATIVES

Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)

ISO certification icon
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.