Singapore’s Manufacturing PMI rose to 51.0 in May 2026 from 50.7 in April, marking its highest reading since December 2024 and extending the sector’s expansion streak to ten consecutive months. The improvement was driven by stronger growth in new orders, export demand, factory output, input purchases, and employment. The future business expectations index remained in expansion territory for a seventh straight month, pointing to continued optimism among manufacturers. The electronics sector, which accounts for around 40% of Singapore’s manufacturing output, also strengthened, with its PMI rising to 51.9 and extending its growth streak to twelve months. Despite the positive momentum, firms continued to face rising input costs and supply-chain constraints, as supplier delivery times lengthened for a fifth consecutive month. Still, growing order backlogs and improving business sentiment suggested manufacturers remained cautiously optimistic about near-term growth prospects. source: Singapore Institute of Purchasing & Materials Management, SIPMM

Manufacturing PMI in Singapore increased to 51 points in May from 50.70 points in April of 2026. Manufacturing PMI in Singapore averaged 50.46 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 points in May from 50.70 points in April of 2026. Manufacturing PMI in Singapore is expected to be 50.40 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.



Related Last Previous Unit Reference
Bankruptcies 182.00 142.00 Companies Apr 2026
Business Confidence 17.00 11.00 points Mar 2026
Car Registrations 6252.00 6460.00 Units May 2026
Changes in Inventories 1083.50 1957.90 SGD Million Mar 2026
Corruption Index 84.00 84.00 Points Dec 2025
Corruption Rank 3.00 3.00 Dec 2025
Industrial Production YoY 17.60 9.20 percent Apr 2026
Industrial Production MoM 5.80 3.50 percent Apr 2026
Leading Economic Index 116.70 112.50 points Dec 2025
Services Sentiment -4.00 4.00 points Mar 2026


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.

News Stream
Singapore Manufacturing PMI Rises to 5-Month High
Singapore’s Manufacturing PMI rose to 51.0 in May 2026 from 50.7 in April, marking its highest reading since December 2024 and extending the sector’s expansion streak to ten consecutive months. The improvement was driven by stronger growth in new orders, export demand, factory output, input purchases, and employment. The future business expectations index remained in expansion territory for a seventh straight month, pointing to continued optimism among manufacturers. The electronics sector, which accounts for around 40% of Singapore’s manufacturing output, also strengthened, with its PMI rising to 51.9 and extending its growth streak to twelve months. Despite the positive momentum, firms continued to face rising input costs and supply-chain constraints, as supplier delivery times lengthened for a fifth consecutive month. Still, growing order backlogs and improving business sentiment suggested manufacturers remained cautiously optimistic about near-term growth prospects.
2026-06-02
Singapore Factory Sector Growth Slows in March
Singapore’s Manufacturing PMI came in at 50.5 in March 2026, down slightly from 50.6 in the prior month, but still indicating expansion. New orders, exports, output and employment continued to rise but at a slower pace. The PMI for electronics, which accounts for about one third of the country's output, edged up to 51.4 from 51.3 in February, marking the 10th consecutive month of growth. This performance was supported by faster expansion in new orders, new exports, factory output, input purchases, and employment. Meanwhile, the supplier deliveries index contracted at a faster rate and for the fifth consecutive month, indicating longer delivery lead times. Input prices also increased, as manufacturers face intensified supply chain challenges due to the Middle East conflict.
2026-04-02
Singapore Factory Sector Growth Hits Near 1-Year High
Singapore’s Manufacturing PMI edged up to 50.6 in February 2026, the highest in nearly a year, from 50.5 in the prior month. Factory output and input purchases continued to expand, but at a slower pace, while the supplier deliveries index contracted for a second consecutive month, following a brief period of moderation, indicating longer lead times. Meanwhile, input prices, order backlogs, and future business expectations rose more quickly, despite slower import growth. The finished goods index returned to expansion, and the future business index remained positive for a fourth consecutive month, reflecting sustained business optimism. Within the electronics sector, which accounts for about 30% of the country's factory output, rose to 51.3 from 51.1 in January, driven by faster increases in new orders, exports, output, and employment.
2026-03-02