Singapore Manufacturing Output Falls for 1st Time in 6 Months

2026-03-26 05:16 By Joshua Ferrer 1 min. read

Singapore’s manufacturing production fell by 0.1% year-on-year in February 2026, reversing a 12.9% surge in the previous month.

This marked the first month of decline in manufacturing activity since August last year, driven by weaker output across nearly all sub-sectors except electronics.

Biomedical manufacturing (-27.3% vs -33.6% in January) recorded the sharpest contraction, reflecting shifts in pharmaceutical output (-18% vs -44.8%) and softer demand for medical devices (-30.4% vs -28.1%).

General manufacturing (-5.7% vs -2.6%) also declined, as well as chemicals (-4.6% vs 2.3%), precision engineering (-3.5% vs 14%), and transport engineering (-0.2% vs 25.2%).

Meanwhile, the electronics cluster (13.7% vs 34%) remained the key outperformer, driven in part by AI-related demand.

On a monthly basis, manufacturing output decreased by 7.2% in February, slipping from a 2% rise in the preceding period.



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Singapore Manufacturing Output Falls for 1st Time in 6 Months
Singapore’s manufacturing production fell by 0.1% year-on-year in February 2026, reversing a 12.9% surge in the previous month. This marked the first month of decline in manufacturing activity since August last year, driven by weaker output across nearly all sub-sectors except electronics. Biomedical manufacturing (-27.3% vs -33.6% in January) recorded the sharpest contraction, reflecting shifts in pharmaceutical output (-18% vs -44.8%) and softer demand for medical devices (-30.4% vs -28.1%). General manufacturing (-5.7% vs -2.6%) also declined, as well as chemicals (-4.6% vs 2.3%), precision engineering (-3.5% vs 14%), and transport engineering (-0.2% vs 25.2%). Meanwhile, the electronics cluster (13.7% vs 34%) remained the key outperformer, driven in part by AI-related demand. On a monthly basis, manufacturing output decreased by 7.2% in February, slipping from a 2% rise in the preceding period.
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