Manufacturing PMI in Singapore increased to 51 points in July from 50.80 points in June of 2021. source: Singapore Institute of Purchasing & Materials Management, SIPMM

Manufacturing PMI in Singapore averaged 50.37 points from 2012 until 2021, reaching an all time high of 53.10 points in January of 2018 and a record low of 44.70 points in April of 2020. 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 - data, historical chart, forecasts and calendar of releases - was last updated on August of 2021.

Manufacturing PMI in Singapore is expected to be 52.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Singapore Manufacturing PMI is projected to trend around 50.70 points in 2022, according to our econometric models.

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Singapore Manufacturing PMI

Actual Previous Highest Lowest Dates Unit Frequency
51.00 50.80 53.10 44.70 2012 - 2021 points Monthly

News Stream
Singapore Factory Activity Growth Eases in May
The Singapore PMI edged lower to 50.7 in May of 2021, slightly easing from an over 2-year high of 50.9 in the previous month, amid the reimposition of COVID-19 restrictions in the city-state. Still, the latest reading pointed to the eleventh straight month of expansions in factory activity. Manufacturers reported slower increases in the sub-indexes of new orders, new exports, factory output, and employment. On the other hand, supplier deliveries, inventory, input prices, and order backlogs advanced at a faster pace.
Singapore Manufacturing PMI at Over 2-Year High
The Singapore PMI edged higher to 50.9 in April of 2021, from 50.8 in the previous month, pointing to the tenth consecutive month of expansions in factory activity and the highest level since December of 2018. Manufacturers registered faster growth in the sub-indexes of new orders, new exports, and employment, more than offsetting a steeper contraction in supplier deliveries and slower increases in factory output and inventory.
Singapore Factory Activity Eases in January
The Singapore PMI edged down to 50.5 in February of 2021, compared to 50.7 in the previous month, amid resurging global COVID-19 infections and the continued enforcement of social restriction measures. The reading pointed to the 8th straight month of growth in the manufacturing sector, although momentum eased slightly due to slower increases in new orders, new exports, factory output, and inventory sub-indexes.
Singapore Factory Activity Growth Strongest since 2019
The Singapore PMI edged up to 50.7 in January of 2021, the highest since March of 2019 and compared to 50.5 in the previous month. The reading pointed to the 7th straight month of growth in the manufacturing sector due to faster increases in new orders, new exports, factory output, a slower expansion rate of the inventory index, and a slower contraction in employment.

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.