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Singapore's economy grows 5.4% in Q3, down from 6.2% in previous quarter: Advance estimates

On a quarter-on-quarter seasonally adjusted basis, Singapore's economy grew 1.1 per cent, compared to the 1.5 per cent growth in Q2.

CNA SingaporeAng Hwee Min查看原文 ↗
新加坡经济第三季度增长5.4%,低于上一季度的6.2%:初步估计

On a quarter-on-quarter seasonally adjusted basis, Singapore's economy grew 1.1 per cent, compared to the 1.5 per cent growth in Q2.

A view of Singapore's central business district on Apr 8, 2025. (File photo: Reuters/Edgar Su)

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SINGAPORE: Singapore’s economy grew 5.4 per cent in the third quarter of 2026, slightly slower than the 6.2 per cent reported in the second quarter of the year, according to advance estimates from the Ministry of Energy, Trade and Industry (METI) on Wednesday (Oct 14).

The manufacturing sector grew 7.5 per cent, slowing down from a 12.9 per cent expansion in Q2.

On a quarter-on-quarter seasonally adjusted basis, Singapore’s economy grew 1.1 per cent, compared to the 1.5 per cent growth in Q2.

Advance estimates are largely computed from data in the first two months of the quarter, July and August in this case. They are intended as an early indicator and may be revised later when more data is available.

CNA Games Guess Word Crack the word, one row at a time Buzzword Create words using the given letters Mini Sudoku Tiny puzzle, mighty brain teaser Mini Crossword Small grid, big challenge Word Search Spot as many words as you can Show More Show Less Growth in the manufacturing sector was driven by output expansions in the electronics, precision engineering, transport engineering and general manufacturing clusters, said METI in a media release on Wednesday. This outweighed declines in output in the chemicals and biomedical manufacturing clusters, it added. On a quarter-on-quarter seasonally adjusted basis, the manufacturing sector contracted 0.9 per cent, compared with the 6.3 per cent growth in Q2. The construction sector grew 8.8 per cent in the third quarter, faster than the 6.1 per cent growth reported in Q2, as both public and private sector construction output increased, figures from METI showed. On a quarter-on-quarter seasonally adjusted basis, the sector grew 3.4 per cent, turning around from the 2.7 per cent contraction in the previous quarter.

Growth in the manufacturing sector was driven by output expansions in the electronics, precision engineering, transport engineering and general manufacturing clusters, said METI in a media release on Wednesday.

This outweighed declines in output in the chemicals and biomedical manufacturing clusters, it added.

On a quarter-on-quarter seasonally adjusted basis, the manufacturing sector contracted 0.9 per cent, compared with the 6.3 per cent growth in Q2.

The construction sector grew 8.8 per cent in the third quarter, faster than the 6.1 per cent growth reported in Q2, as both public and private sector construction output increased, figures from METI showed.

On a quarter-on-quarter seasonally adjusted basis, the sector grew 3.4 per cent, turning around from the 2.7 per cent contraction in the previous quarter.

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