The Singapore Manufacturing PMI decreased further to 51.9 in October 2018 from 52.4 in the previous month, signaling that US-China trade tensions began to affect factories across Asia. The reading pointed to the 26th consecutive growth in manufacturing activity but at the weakest pace since August 2017. New orders, new exports, output, inventory and unemployment levels rose at a slower pace. In particular, the factory output index of 52.6 was the lowest since July 2017, while the imports index of 51.1 was the lowest since February 2017. Also, the PMI for the electronics sector declined to 50.5 in October from 51.4 in September, marking the lowest reading since November 2016. Manufacturing PMI in Singapore averaged 50.59 from 2012 until 2018, reaching an all time high of 53.10 in January of 2018 and a record low of 48.30 in October of 2012.

Manufacturing PMI in Singapore is expected to be 52.20 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing PMI in Singapore to stand at 52.60 in 12 months time. In the long-term, the Singapore Manufacturing PMI is projected to trend around 50.20 in 2020, according to our econometric models.

Singapore Manufacturing 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 51.90 52.40 53.10 48.30 [+]
Industrial Production -0.20 3.70 58.60 -32.20 percent [+]
Industrial Production Mom -4.90 -2.20 29.70 -21.70 percent [+]
Changes in Inventories 3040.50 2191.80 6742.20 -6542.70 SGD Million [+]
Bankruptcies 156.00 149.00 507.00 78.00 Companies [+]
Car Registrations 9876.00 8843.00 16204.00 2659.00 [+]
Leading Economic Index 112.10 112.70 112.70 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 52.60 49.60 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 Manufacturing PMI

The Singapore PMI is a key barometer of a manufacturing sector in Singapore. A reading above 50 indicates that the factory activity is generally expanding and below 50 that the activity is generally declining. This page provides the latest reported value for - Singapore Manufacturing PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Singapore Manufacturing PMI - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
51.90 52.40 53.10 48.30 2012 - 2018 Monthly




Country Last
Australia 58.30 Oct/18
Brazil 51.10 Oct/18
Canada 53.90 Oct/18
China 50.10 Oct/18
Euro Area 52.00 Oct/18
France 51.20 Oct/18
Germany 52.20 Oct/18
India 53.10 Oct/18
Indonesia 50.50 Oct/18
Italy 49.20 Oct/18
Japan 52.90 Oct/18
Mexico 50.70 Oct/18
Netherlands 57.10 Oct/18
Russia 51.30 Oct/18
Saudi Arabia 53.80 Oct/18
Singapore 51.90 Oct/18
South Africa 42.40 Oct/18
South Korea 51.00 Oct/18
Spain 51.80 Oct/18
Switzerland 57.40 Oct/18
Turkey 44.30 Oct/18
United Kingdom 51.10 Oct/18
United States 55.70 Oct/18


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