Factory output fell 4.2 per cent year on year in March, after falling 8.9 per cent in February.
Excluding biomedical manufacturing, output fell 6 per cent.
By cluster, transport engineering saw the largest increase in output, at 23.5 per cent year on year in March. This was followed by the biomedical manufacturing cluster, which saw output increase 7 per cent year on year.By contrast, output of the pharmaceuticals segment decreased 1 per cent, on account of a different mix of active pharmaceutical ingredients being produced compared with a year ago.
The petroleum segment grew 12.5 per cent on account of higher demand for jet fuel as air travel continued to rise.
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