The Singapore Manufacturing PMI increased to 49.9 in August of 2019 from 49.8 in the previous month, but marking the fourth consecutive month of contraction. New orders and factory output expanded faster while inventory contracted at a softer pace. Meanwhile, new exports dipped into contraction for the first time since August 2016. Meantime, the electronics sector PMI, edged up to 49.4 from 49.3, as new orders, inventory, and employment contracted at a slower rate. Manufacturing PMI in Singapore averaged 50.56 from 2012 until 2019, 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 49.10 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 50.10 in 12 months time. In the long-term, the Singapore Manufacturing PMI is projected to trend around 50.40 in 2020, according to our econometric models.

Singapore Manufacturing PMI
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Singapore Business Last Previous Highest Lowest Unit
Business Confidence -11.00 1.00 54.00 -57.00 Index Points [+]
Manufacturing PMI 49.90 49.80 53.10 48.30 [+]
Industrial Production -0.40 -8.10 58.60 -32.20 percent [+]
Industrial Production Mom 3.60 -0.30 29.68 -21.75 percent [+]
Changes in Inventories 2462.80 2176.00 5885.80 -5379.50 SGD Million [+]
Bankruptcies 172.00 140.00 507.00 78.00 Companies [+]
Car Registrations 8135.00 10553.00 16204.00 2659.00 [+]
Leading Economic Index 108.10 109.30 109.90 23.70 Index Points [+]
Internet Speed 20345.58 20174.80 20345.58 2170.47 KBps [+]
IP Addresses 1595352.00 1509471.00 1685917.00 433610.00 IP [+]
Services Sentiment 2.00 4.00 37.00 -53.00 [+]
Competitiveness Index 83.48 82.97 83.48 5.44 Points [+]
Competitiveness Rank 2.00 2.00 8.00 2.00 [+]
Composite Pmi 48.70 51.00 56.80 48.70 [+]
Ease of Doing Business 2.00 2.00 3.00 1.00 [+]
Corruption Index 85.00 84.00 94.00 84.00 Points [+]
Corruption Rank 3.00 6.00 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 September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
49.90 49.80 53.10 48.30 2012 - 2019 Monthly




Country Last Previous
Australia 53.10 Aug/19
Brazil 52.50 Aug/19
Canada 49.10 Aug/19
China 50.40 Aug/19
Euro Area 47.00 Aug/19
France 51.10 Aug/19
Germany 43.50 Aug/19
India 51.40 Aug/19
Indonesia 49.00 Aug/19
Italy 48.70 Aug/19
Japan 49.30 Aug/19
Mexico 49.00 Aug/19
Netherlands 51.60 Aug/19
Russia 49.10 Aug/19
Saudi Arabia 57.00 Aug/19
Singapore 49.90 Aug/19
South Africa 45.70 Aug/19
South Korea 49.00 Aug/19
Spain 48.80 Aug/19
Switzerland 47.20 Aug/19
Turkey 48.00 Aug/19
United Kingdom 47.40 Aug/19
United States 50.30 Aug/19


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