Singapore's Manufacturing PMI edged up to 51.5 in August 2026 from 51.4 in July, marking just over a year of consecutive monthly expansion and matching the reading from November 2018, supported by strong external demand for memory chips, particularly by major US hyperscalers. The Electronics PMI, which accounts for more than one-third of manufacturing output, rose to 52.6 from 52.4, as electronics are expected ro remain the main driver, having lifted backlog of orders to record levels and keeping employment robust. Nevertheless, the conflict in the Middle East remains a drag, deepening supplier delivery times and causing input prices to surge, particularly energy. Firms continue to draw down fineshed goods inventories, reflecting capacity constraints linked to recent weakeness in electronics non-oil domestic exports and industrial production. Looking ahead, manufacturers remain optimistic in operating conditions, with the future business index expanded for the 10th straight month. source: Singapore Institute of Purchasing & Materials Management, SIPMM
Manufacturing PMI in Singapore increased to 51.50 points in August from 51.40 points in July of 2026. Manufacturing PMI in Singapore averaged 50.47 points from 2005 until 2026, reaching an all time high of 54.60 points in November of 2006 and a record low of 44.30 points in November of 2008. 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.
Manufacturing PMI in Singapore increased to 51.50 points in August from 51.40 points in July of 2026. Manufacturing PMI in Singapore is expected to be 51.50 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 50.40 points in 2027, according to our econometric models.