The Nikkei Singapore PMI declined to 50.1 in January 2019 from 52.7 in a month earlier. The 4-month low was mainly explained by the end to a 3-month growth run in output and a weaker rate of improvement in demand. The increase in new business was only modest and among the weakest recorded across the past two and-a-half years. However, sales to foreign clients declined at an accelerated pace amid reduced workloads from Southeast Asia. Meantime, export orders declined and employment was reduced for the first time since August 2017. On the price front, purchase prices rose at the weakest rate in 6 months. Subsequently, overall operating expenses dropped at the sharpest clip in six-and-a-half years. Composite Pmi in Singapore is reported by Markit Economics.

Composite Pmi in Singapore is expected to be 52.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Composite Pmi in Singapore to stand at 52.80 in 12 months time. In the long-term, the Singapore Private Sector PMI is projected to trend around 53.10 in 2020, according to our econometric models.

Singapore Private Sector PMI
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Singapore Business Last Previous Highest Lowest Unit
Business Confidence -14.00 -1.00 54.00 -57.00 Index Points [+]
Manufacturing PMI 50.70 51.10 53.10 48.30 [+]
Industrial Production 2.70 7.60 58.60 -32.20 percent [+]
Industrial Production Mom -5.60 3.10 29.70 -21.70 percent [+]
Changes in Inventories 3416.80 4488.80 6742.20 -6542.70 SGD Million [+]
Bankruptcies 119.00 173.00 507.00 78.00 Companies [+]
Car Registrations 11782.00 9922.00 16204.00 2659.00 [+]
Leading Economic Index 112.00 112.00 112.70 25.50 Index Points [+]
Internet Speed 20345.58 20174.80 20345.58 2170.47 KBps [+]
IP Addresses 1595352.00 1509471.00 1685917.00 433610.00 IP [+]
Competitiveness Index 83.48 82.97 83.48 5.44 Points [+]
Competitiveness Rank 2.00 2.00 8.00 2.00 [+]
Composite Pmi 50.10 52.70 56.80 49.40 [+]
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 Private Sector PMI

The Nikkei Singapore Purchasing Managers’ Index™ (PMI™) is based on data compiled from monthly replies to questionnaires sent to executives in over 400 private sector companies including manufacturing, services, construction and retail. Survey responses reflect the change, if any, in the current month compared to the previous month based on data collected mid-month. An index reading above 50 indicates an overall increase in private sector activity, below 50 an overall decrease. This page provides - Singapore Composite Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. Singapore Private Sector PMI - actual data, historical chart and calendar of releases - was last updated on February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
50.10 52.70 56.80 49.40 2013 - 2019 Monthly




Country Last Previous
Australia 51.50 Jan/19
Brazil 52.30 Jan/19
China 50.90 Jan/19
Euro Area 51.40 Feb/19
France 49.90 Feb/19
Germany 52.70 Feb/19
India 53.60 Jan/19
Italy 48.80 Jan/19
Japan 50.90 Jan/19
Russia 53.60 Jan/19
Singapore 50.10 Jan/19
South Africa 49.60 Jan/19
United Kingdom 50.30 Jan/19
United States 55.80 Feb/19


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