Singapore's gross domestic product gained 2.1 percent on year in the first quarter of 2015, the Ministry of Trade and Industry said in Tuesday's preliminary reading.
That was unchanged from the rate of growth in the fourth quarter.
Seasonally adjusted and on an annualized quarterly basis, GDP added 1.1 percent - slowing from 4.9 percent in Q4.
The manufacturing sector contracted 3.4 percent on year, following the 1.3 percent decline in the previous quarter. The contraction was due to a fall in output in the transport engineering, electronics and precision engineering clusters, the MTI said.
On a quarterly basis, the sector contracted at an annualized rate of 2.3 percent, extending the decline of 2.5 percent in the preceding quarter.
The construction sector expanded 3.3 percent on year in the first quarter, an improvement from the 0.7 percent growth in the preceding quarter. Growth was driven by a pick-up in private sector construction activities, the MTI said.
On a quarterly basis, growth in the sector accelerated to 13.8 percent, from 2.2 percent in Q4.
Services producing industries added 3.1 percent on year in the first quarter, unchanged from the previous quarter. Growth was supported by sectors such as wholesale & retail trade and business services, the bureau noted.
On a quarterly basis, the services producing industries contracted at an annualized rate of 0.4 percent, a reversal from the 7.8 percent expansion in the preceding quarter.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.