{
  "id": 10380943,
  "title": "Singapore’s factory output growth accelerates to 15.4% in August, but undershoots estimates",
  "url": "https://urgent.news/2026/09/28/singapores-factory-output-growth-accelerates-to-15-4-in-august-but",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-28T05:00:00.000Z",
  "source": {
    "name": "The Business Times - Singapore",
    "slug": "the-business-times-singapore",
    "url": "https://www.businesstimes.com.sg/singapore/singapores-factory-output-growth-accelerates-15-4-august-undershoots-estimates"
  },
  "original_language": "en",
  "account": "Singapore's factory output grew 15.4% year-on-year in August, surpassing the 6.9% increase seen in July, according to data from the Economic Development Board (EDB). However, this growth rate fell short of the 18.3% expansion estimated by a Bloomberg poll. When excluding the volatile biomedical manufacturing sector, output expanded by 17% year-on-year, continuing the 8.2% increase recorded in July. Factory production dipped 0.5% in August on a seasonally adjusted monthly basis, marking a reversal from July's 2.3% gain. Excluding biomedical manufacturing, output rose 5.8% compared to a 0.8% rise in the previous month. Most production clusters experienced year-on-year growth, with chemicals being the sole exception. Precision engineering saw the largest increase, up 33.9% year-on-year, driven by semiconductor equipment production. The electronics cluster expanded 28.5% year-on-year, led by demand for servers, semiconductors, and data storage products, particularly in the AI sector. Transport engineering grew 9.5%, driven by aircraft parts and maintenance jobs. General manufacturing industries grew 1.5%, supported by increased production of beverages, printing, and metal doors and windows. The biomedical manufacturing cluster's output increased slightly, 0.4%, due to higher medical device production, but this was offset by a decline in pharmaceuticals. Chemicals manufacturing declined further by 12.7%, impacted by maintenance and reduced demand in the petroleum and petrochemical sectors.",
  "summary": "On a seasonally adjusted monthly basis, total manufacturing production is down 0.5%",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "New Straits Times",
        "title": "August dip masks resilient auto market as EV demand accelerates",
        "url": "https://urgent.news/2026/09/27/august-dip-masks-resilient-auto-market-as-ev-demand-accelerates",
        "published": "2026-09-27T05:49:00.000Z"
      },
      {
        "outlet": "The Business Times - Singapore",
        "title": "Factory output growth accelerates to 15.4% in August, but undershoots estimates",
        "url": "https://urgent.news/2026/09/28/factory-output-growth-accelerates-to-15-4-in-august-but-undershoots",
        "published": "2026-09-28T05:00:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}