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Singapore factory output surprises with 0.1% drop in February, though electronics maintains growth

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SINGAPORE – Singapore’s manufacturing production snapped five months of expansion to dip 0.1 per cent year on year in February, after analysts polled by Bloomberg had forecast 14.1 per cent growth. The Economic Development Board (EDB), which released the data on March 25, said the decline was “largely due” to factory shutdowns during the Chinese New Year period, which fell in February in 2026 compared with January in 2025.EDB also revised down January 2026’s output growth to 12.9 per cent from 16.6 per cent.In February, the key electronics industry was the only one that saw year-on-year growth in output, recording…

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