Singapore Manufacturing PMI Rises to 5-Month High

2026-06-02 13:33 By Isabela Couto 1 min. read

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.



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.
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