Financial News: Singapore Industrial Output Growth Eases To 7.2%

Singapore Industrial Output Growth Eases To 7.2%

07/27/2026 - 03:51:00 (RTTNews)

(RTTNews) - Singapore's industrial production growth moderated in June to the lowest level in three months, preliminary data from the Economic Development Board revealed on Monday.

Industrial production advanced 7.2 percent year-on-year in June, much slower than the 17.8 percent growth in May. Production has been rising since September 2025.

Among clusters, the electronics, precision engineering, and transport engineering clusters drove output growth while the remaining clusters saw declines.

Electronics output grew 21.3 percent from last year, driven by the infocomms and consumer electronics and semiconductors segments, on the back of sustained AI-related demand. Precision engineering advanced 14.9 percent, and transport engineering output was 4.6 percent higher.

On the other hand, biomedical manufacturing contracted 11.4 percent, and chemical production declined 11.7 percent amid lower production in the petroleum and petrochemical segments due to disruptions in feedstock supply.

Excluding biomedical manufacturing, total industrial production expanded 9.6 percent annually in June versus 23.2 percent growth a month ago.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

French Private Sector Growth Rebounds (52 min(s), 13 sec(s) ago)
(RTTNews) - France's private sector activity returned to growth in September and marked the fa ...Full Story»

Dutch Q2 GDP Growth Revised Higher (54 min(s), 13 sec(s) ago)
(RTTNews) - The Dutch economic growth improved more than estimated initially in the second quarte ...Full Story»

Australia Private Sector Growth Eases To 3-Month Low (01 hr(s), 58 min(s), 13 sec(s) ago)
(RTTNews) - Australia's private sector grew at the slowest pace in three months in September, ...Full Story»

Indonesia Rate Decision On Tap For Wednesday (33 min(s), 47 sec(s) ago)
(RTTNews) - The central bank in Indonesia will wrap up its monetary policy meeting and then announ ...Full Story»

Slovenian Consumers More Pessimistic In September (57 min(s), 47 sec(s) ago)
(RTTNews) - Consumers in Slovenia remained slightly more pessimistic in September, and the confide ...Full Story»

Belgian Consumer Confidence Weakens In September (22 min(s), 47 sec(s) ago)
(RTTNews) - Households in Belgium expressed a more pessimistic attitude in September as they expre ...Full Story»

Spain Trade Gap Widens In July (47 min(s), 47 sec(s) ago)
(RTTNews) - Spain's foreign trade deficit increased notably in July from a year ago as imports ...Full Story»

Taiwan Export Order Growth Accelerates To 71.4% (11 min(s), 47 sec(s) ago)
(RTTNews) - Taiwan's export order growth quickened for the third straight month in August, dat ...Full Story»