Financial Wire

Singapore's GDP Grows at Slower Pace of 4.6% in Q1

-- Singapore's economy grew by 4.6% year over year in the first quarter of the year, moderating from the 5.7% growth in the previous quarter, according to data released by the Singapore Department of Statistics on Tuesday.

On a quarter-over-quarter seasonally-adjusted basis, the city-state's economy contracted by 0.3%, following a 1.3% expansion in the fourth quarter of 2025.

Growth was led by a 5% year-over-year increase in the manufacturing sector in Q1, which was slower than the 11.4% expansion in the previous quarter.

The construction sector expanded by 9% year over year, following a 4.6% growth in the previous quarter.

Growth in the services-producing industries slightly cooled to 4.7% from 4.8%.

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