Singapore's manufacturing production grew by 13% year-on-year in May 2026, slowing from a downwardly revised six-month high of 16.5% in the previous month and missing market expectations of 17%. Output increased at a slower pace in electronics (35.8% vs 40.3% in April), particularly semiconductors (37.0% vs 43.5%) and infocomms & consumer electronics (59.2% vs 76.0%). Overall manufacturing output was also weighed down by a continued decline in biomedical manufacturing (-24.2% vs -16.1%), a contraction in transport engineering (-5.0% vs 10.8%), and a sharp moderation in general manufacturing industries (1.8% vs 17.7%). On the other hand, output fell at a softer pace in chemicals (-11.5% vs -17.6%), while growth in precision engineering accelerated (32.2% vs 16.4%). On a monthly basis, manufacturing production fell 0.7%, reversing an upwardly revised 6.2% increase in April. For the January–May period, manufacturing production rose 10.7%. source: Singapore Economic Development Board
Industrial Production in Singapore increased 13 percent in May of 2026 over the same month in the previous year. Industrial Production in Singapore averaged 6.64 percent from 1984 until 2026, reaching an all time high of 58.60 percent in May of 2010 and a record low of -32.20 percent in March of 2009. This page provides the latest reported value for - Singapore Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Singapore Manufacturing Production - data, historical chart, forecasts and calendar of releases - was last updated on July of 2026.
Industrial Production in Singapore increased 13 percent in May of 2026 over the same month in the previous year. Industrial Production in Singapore is expected to be 9.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Singapore Manufacturing Production is projected to trend around 2.00 percent in 2027, according to our econometric models.