2025.11.2605:42:10UTC+00Singapore Factory Output Growth Strongest Since 2010

In October 2025, Singapore experienced a remarkable surge in manufacturing production, posting a year-on-year increase of 29.1%. This is a significant acceleration from the adjusted 16.2% gain seen in September and far exceeds market predictions of a 9.5% rise. The impressive growth represents the most substantial increase since November 2010, largely attributed to a robust rebound in the biomedical manufacturing sector, which soared by 89.6%, spearheaded by a remarkable 122.9% increase in pharmaceuticals.

The transport engineering sector also demonstrated strong performance with a 29.5% rise, fueled by aerospace production and an uptick in high-value maintenance, repair, and overhaul activities. The electronics sector witnessed an expansion of 26.9%, driven by a substantial 155.6% increase in the infocomms and consumer electronics segments. Precision engineering saw a growth of 12.2%, supported by the production of machinery and systems. Meanwhile, the chemicals industry noted a modest rise of 2.2%. However, general manufacturing underperformed, declining by 5.6%. On a seasonally adjusted monthly basis, the overall industrial activity rose by 11.5%, a deceleration from the previously revised 26.4% growth observed in September.