The Nikkei Singapore PMI declined to 52.1 in May 2019 from April’s five-month high of 53.3. Slower growth was mainly explained by softer expansion in new orders, output and employment, as new business from overseas declined. On the price front, increased payroll numbers contributed to a rise in labour expenses. Looking ahead, firms remained optimistic that growth could be sustained over the coming year, however some firms showed caution towards the short-term. Composite Pmi in Singapore is reported by Markit Economics.

Composite Pmi in Singapore is expected to be 53.00 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 51.50 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 1.00 -14.00 54.00 -57.00 Index Points [+]
Manufacturing PMI 49.90 50.30 53.10 48.30 [+]
Industrial Production 0.10 -4.30 58.60 -32.20 percent [+]
Industrial Production Mom 2.40 -2.50 29.70 -21.80 percent [+]
Changes in Inventories 2212.50 3407.60 5885.80 -5379.50 SGD Million [+]
Bankruptcies 140.00 134.00 507.00 78.00 Companies [+]
Car Registrations 9576.00 10378.00 16204.00 2659.00 [+]
Leading Economic Index 109.30 109.20 109.90 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 [+]
Competitiveness Index 83.48 82.97 83.48 5.44 Points [+]
Competitiveness Rank 2.00 2.00 8.00 2.00 [+]
Composite Pmi 52.10 53.30 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 June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
52.10 53.30 56.80 49.40 2013 - 2019 Monthly




Country Last Previous
Australia 52.20 May/19
Brazil 48.40 May/19
China 51.50 May/19
Euro Area 51.80 May/19
France 51.20 May/19
Germany 52.40 May/19
India 51.70 May/19
Italy 49.90 May/19
Japan 50.70 May/19
Russia 51.50 May/19
Singapore 52.10 May/19
South Africa 49.30 May/19
United Kingdom 50.90 May/19
United States 50.90 May/19


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