Singapore Q1 Growth Misses Forecasts as Global Tensions Weigh on Outlook

26 articles · Updated · Bloomberg · Apr 19

Singapore’s economy grew 4.6% year-on-year in Q1 2026, missing forecasts and marking a 0.3% contraction from the previous quarter.
Growth was driven by manufacturing, construction, and trade-related services, but momentum softened amid higher energy costs and external uncertainties.
Economists warn that the ongoing Middle East conflict and rising import costs could further dampen Singapore’s outlook, increasing recession risks.

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