SINGAPORE – Singapore’s economy grew by 5.4% in the third quarter, moderating from 6.2% in the previous quarter.
On a quarter-on-quarter seasonally adjusted basis, the economy expanded by 1.1%, easing from the 1.5% growth in the second quarter.
The manufacturing sector grew by 7.5% year on year in the third quarter of 2026, slower than the 12.9% growth in the previous quarter.
The construction sector expanded by 8.8% year on year in the third quarter, faster than the 6.1% growth in the preceding quarter, as both public and private sector construction output increased.
Among the services sectors, the wholesale and retail trade, and transportation and storage sectors collectively grew by 8% year on year in the third quarter, extending the 6.9% growth in the previous quarter. All sectors within the group expanded during the quarter, except for the retail trade sector.
The group of sectors comprising the information and communications, finance and insurance and professional services sectors expanded by 4.3% year on year in the third quarter, easing from the 5.1% growth in the previous quarter. All sectors within the group grew during the quarter.
Growth in the remaining group of services sectors, comprising accommodation and food services, real estate, administrative and support services, and other services industries, came in at 2.1% year on year in the third quarter, extending the 2.4% growth in the preceding quarter. All sectors within the group expanded during the quarter, except for the food and beverage services sector.
