Singapore’s economy grew 4.6% in Q1, down from 5.7% in previous quarter: Advance estimates

“Growth during the quarter was driven by output expansions in the electronics, transport engineering and precision engineering clusters, which more than offset output declines in the biomedical manufacturing, general manufacturing and chemicals clusters,” said MTI.

On a quarter-on-quarter seasonally-adjusted basis, the sector contracted by 4.9 per cent, reflecting a pullback from the 4.5 per cent expansion in the fourth quarter of 2025.

The construction expanded by 9 per cent year-on-year, up from 4.6 per cent in the previous quarter. The growth was supported by a step-up in both public and private sector construction works, said MTI.

On a quarter-on-quarter seasonally-adjusted basis, the sector increased by 3.7 per cent, faster than the 0.2 per cent expansion in the preceding quarter.

The services, wholesale and retail trade, as well as transportation and storage sectors collectively expanded by 6.7 per cent year-on-year in the first quarter, extending the 6.8 per cent growth in the previous quarter.

All sectors within the group recorded growth.

Wholesale trade was supported by stronger activity in machinery, equipment and supplies, while transportation and storage benefited from gains in storage and other support services segments.

On a quarter-on-quarter seasonally-adjusted basis, growth in the group grew by 1 per cent, down from 1.8 per cent in the final quarter of 2025.