Singapore’s economy grew by 5.4% year-on-year in the third quarter of 2026, exceeding market expectations for a 5% expansion but slowing from an upwardly revised 6.2% growth in Q2, advance estimates showed. Growth in goods-producing industries eased to 7.3% from 10.9% in the previous quarter, as manufacturing growth slowed to 7.5% from 12.9%, while construction accelerated to 8.8% from 6.1%. Additionally, activity in information and communications, finance and insurance, and professional services moderated to 4.3% from 5.1%, while accommodation and food services, real estate, administrative and support services, and other services industries slowed to 2.1% from 2.4%. Meanwhile, services-producing industries maintained growth at 5.2%, supported by faster expansion in wholesale and retail trade and transportation and storage (8% vs 6.9% in Q2). On a seasonally adjusted quarterly basis, GDP expanded by 1.1%, the softest since Q1 2025 and easing from the 1.5% growth in Q2 2026.