The Singapore PMI increased to 50.2 in July of 2020 from 48 in the previous month, pointing to the first expansion in the manufacturing sector since January. A faster rate of expansion was recoded for new orders, amid a first-time expansion in new exports, factory output, and the inventory index. Slower contractions were recorded for the indexes of finished goods, imports, and input prices, while the order backlog index expanded for the first time after five months of contraction.

Manufacturing PMI in Singapore averaged 50.34 points from 2012 until 2020, 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 2020. source: Singapore Institute of Purchasing & Materials Management, SIPMM

Manufacturing PMI in Singapore is expected to be 47.70 points 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 51.00 in 12 months time. In the long-term, the Singapore Manufacturing PMI is projected to trend around 50.40 points in 2021 and 50.70 points in 2022, according to our econometric models.

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Singapore Manufacturing PMI

Actual Previous Highest Lowest Dates Unit Frequency
50.20 48.00 53.10 44.70 2012 - 2020 points Monthly


News Stream
Singapore Factory Activity Expands for 1st Time in 6 Months
The Singapore PMI increased to 50.2 in July of 2020 from 48 in the previous month, pointing to the first expansion in the manufacturing sector since January. A faster rate of expansion was recoded for new orders, amid a first-time expansion in new exports, factory output, and the inventory index. Slower contractions were recorded for the indexes of finished goods, imports, and input prices, while the order backlog index expanded for the first time after five months of contraction.
2020-08-03
Singapore Factory Activity Shrinks for 5th Month
The Singapore PMI increased to 48 in June of 2020 from 46.8 in May but came below market forecasts of 49.2. The reading still pointed to a contraction in the manufacturing sector as businesses struggle to recover from the coronavirus hit. The Electronics Sector PMI recorded an increase of 1.4 points from the previous month to 47.6. This is the 5th month of contraction for the electronics sector.
2020-07-03
Singapore PMI Bounces from Record Low
The Singapore PMI increased to 46.8 in May of 2020 from a record low of 44.7 in April due to the coronavirus outbreak and restrictions imposed which include closures of businesses and schools, and asking people to stay home. Still, May's reading pointed to the fourth straight month of contraction in the manufacturing sector. The Electronics Sector PMI recorded an increase of 3.4 points from the previous month to 46.2. It is also the fourth month of contraction for the electronics sector.
2020-06-03
Singapore Factory Activity Shrinks at Record Pace
The Singapore PMI decreased to 44.7 in April of 2020 from 45.4 in March, pointing to a record contraction in the manufacturing sector, due to the coronavirus outbreak and restrictions imposed which include closures of businesses and schools, and asking people to stay home. The Electronics PMI also fell to 42.8 from 44.1.
2020-05-04

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.