The Nikkei Singapore PMI rose to 53.8 in November of 2018 from 52.6 in a month earlier. It marked the second straight month in private sector growth and the strongest since June, as output and new orders rose at stronger paces. Also, employment grew the most in eight months and sharp in the context of historical data. Such was the strength of demand, backlogs of work increased to a marked degree, prompting a faster rise in purchasing activity and a renewed increase in stock levels. Meanwhile, price pressures continued, leading firms to increase their selling charges. Confidence towards the year ahead was also sustained. Composite Pmi in Singapore is reported by Markit Economics.

Composite Pmi in Singapore is expected to be 52.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Composite Pmi in Singapore to stand at 52.80 in 12 months time. In the long-term, the Singapore Private Sector PMI is projected to trend around 53.10 in 2020, according to our econometric models.

Singapore Private Sector PMI
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Singapore Business Last Previous Highest Lowest Unit
Business Confidence -1.00 7.00 54.00 -57.00 Index Points [+]
Manufacturing PMI 51.50 51.90 53.10 48.30 [+]
Industrial Production 4.30 -0.10 58.60 -32.20 percent [+]
Industrial Production Mom 2.00 -4.70 29.70 -21.70 percent [+]
Changes in Inventories 4488.80 2972.10 6742.20 -6542.70 SGD Million [+]
Bankruptcies 137.00 156.00 507.00 78.00 Companies [+]
Car Registrations 9876.00 8843.00 16204.00 2659.00 [+]
Leading Economic Index 112.00 112.10 112.70 25.50 Index Points [+]
Internet Speed 20345.58 20174.80 20345.58 2170.47 KBps [+]
IP Addresses 1595352.00 1509471.00 1685917.00 433610.00 IP [+]
Competitiveness Index 83.48 82.97 83.48 5.44 Points [+]
Competitiveness Rank 2.00 2.00 8.00 2.00 [+]
Composite Pmi 53.80 52.60 56.80 49.40 [+]
Ease of Doing Business 2.00 2.00 3.00 1.00 [+]
Corruption Index 84.00 84.00 94.00 84.00 Points [+]
Corruption Rank 6.00 7.00 9.00 1.00 [+]


Singapore Private Sector PMI

The Nikkei Singapore Purchasing Managers’ Index™ (PMI™) is based on data compiled from monthly replies to questionnaires sent to executives in over 400 private sector companies including manufacturing, services, construction and retail. Survey responses reflect the change, if any, in the current month compared to the previous month based on data collected mid-month. An index reading above 50 indicates an overall increase in private sector activity, below 50 an overall decrease. This page provides - Singapore Composite Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. Singapore Private Sector PMI - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
53.80 52.60 56.80 49.40 2013 - 2018 Monthly




Country Last Previous
Australia 52.90 Nov/18
Brazil 51.60 Nov/18
China 51.90 Nov/18
Euro Area 52.70 Nov/18
France 54.20 Nov/18
Germany 52.30 Nov/18
India 54.50 Nov/18
Italy 49.30 Nov/18
Japan 52.40 Nov/18
Russia 55.00 Nov/18
Singapore 53.80 Nov/18
South Africa 48.20 Nov/18
United Kingdom 50.70 Nov/18
United States 54.70 Nov/18


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