FX.co ★ Singapore Manufacturing Output Growth Quickens to 7-Month High

In June 2025, Singapore's manufacturing production saw an impressive year-on-year growth of 8%, surpassing a revised increase of 3.6% in May and exceeding market forecasts of a 7.1% rise. This represents the most robust expansion since November 2024. Key contributors to this growth included the electronics sector, which recorded a 6.6% increase compared to 3.4% in May, biomedical manufacturing which surged by 11.3% from 4.6%, chemicals which edged up by 1.1% versus 0.3%, and precision engineering which jumped by 18.9% from 11%. Conversely, transport engineering experienced a marked slowdown, with growth decelerating to 9.2% from 25.6%, and output in the general manufacturing industries continued to decline, worsening to -11.6% from -8.7%. On a seasonally adjusted month-to-month basis, manufacturing output remained unchanged in June, following a revised 1% increase in the previous month.