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.
Singapore's economy expanded 5.4 percent in the third quarter of 2026, a modest slowdown compared to the 6.2 percent growth in the previous quarter, according to preliminary estimates from the Ministry of Energy, Trade and Industry (METI). Manufacturing output expanded by 7.5 percent, down from the 12.9 percent increase in Q2. However, declines in the chemicals and biomedical manufacturing sectors offset this growth.
On a quarter-over-quarter basis, Singapore's economy grew 1.1 percent, slower than the 1.5 percent increase in Q2. The construction sector led the way, expanding by 8.8 percent, followed by the wholesale and retail trade, and transportation and storage industry, which grew by 8 percent. Services sectors, including wholesale and retail trade, finance and insurance, and professional services, also contributed to economic growth.
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Also reported by 2 other outlets
- Singapore’s GDP grows 5.4% in Q3, beating estimates: METI flash data businesstimes.com.sg
- Singapore's economy grows 5.4% in Q3, down from 6.2% in previous quarter: Advance estimates channelnewsasia.com