26 November 2025, 11:05 Singapore: Factory Output Growth Strongest Since 2010.
Singapore’s manufacturing production jumped 29.1% year-on-year in October 2025, accelerating from a revised 16.2% gain in September and easily surpassing market forecasts of a 9.5% rise. This marked the sharpest growth since November 2010, driven by a strong rebound in biomedical manufacturing (89.6% vs 16.2% in September), led by pharmaceuticals (122.9%). Output also rose robustly for transport engineering (29.5% vs 16.2%), supported by aerospace production and higher-value maintenance, repair, and overhaul jobs. The electronics cluster expanded 26.9%, bolstered by a 155.6% surge in the infocomms and consumer electronics segment. Precision engineering grew 12.2%, helped by machinery and systems production, while chemicals rose 2.2%. General manufacturing was the weakest performer, contracting 5.6%. On a seasonally adjusted monthly basis, industrial activity climbed 11.5%, easing from an upwardly revised 26.4% increase in September.
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