Singapore’s manufacturing production rose 3.4% year-on-year in September 2026, slowing sharply from a three-month high of 15.4% in the previous month. It marked the lowest reading since August 2025, as electronics output growth moderated significantly (5.7% vs 28.3% in August), led by semiconductors (1.9% vs 25.9%) and infocomms and consumer electronics (29% vs 66.3%). Production was also weighed down by a further slowdown in precision engineering (31% vs 33%) and a sharp slip in biomedical manufacturing (-32.8% vs 2.3%). In contrast, output accelerated in transport engineering (10.6% vs 9.5%) and general manufacturing industries (4% vs 1.6%), while chemicals production declined at a softer pace (-4.6% vs -12.8%). On a seasonally adjusted monthly basis, manufacturing output fell 3.9%, slipping further from an upwardly revised 1% drop in August and marking the steepest monthly fall since June. For the first nine months of 2026, manufacturing production increased 9.8%.