The Nikkei Singapore PMI increased to 51.8 in March 2019 from 49.8 in February and marking the highest PMI reading in three months. Output grew the most since last December and new orders expanded for the six month running, with new export orders rising for the first time in four months. In addition, firms boosted hiring, a notable turnaround from the previous two months of job cutting. Meanwhile, input buying reduced for a third straight month amid reports of already-sufficient stock levels. On the price front, there was a renewed increase in operating expense, due to greater recruitment, higher material and transport costs. In response, firms hiked their selling charges to protect profit margins. Finally, sentiment hit its highest since October 2018. 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 -14.00 -1.00 54.00 -57.00 Index Points [+]
Manufacturing PMI 50.80 50.40 53.10 48.30 [+]
Industrial Production 0.70 -0.40 58.60 -32.20 percent [+]
Industrial Production Mom -4.10 3.10 29.70 -21.80 percent [+]
Changes in Inventories 3416.80 4488.80 6742.20 -6542.70 SGD Million [+]
Bankruptcies 122.00 152.00 507.00 78.00 Companies [+]
Car Registrations 7284.00 11782.00 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 51.80 49.80 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 April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
51.80 49.80 56.80 49.40 2013 - 2019 Monthly




Country Last Previous
Australia 50.60 Apr/19
Brazil 53.10 Mar/19
China 52.90 Mar/19
Euro Area 51.30 Apr/19
France 50.00 Apr/19
Germany 52.10 Apr/19
India 52.70 Mar/19
Italy 51.50 Mar/19
Japan 50.40 Mar/19
Russia 54.60 Mar/19
Singapore 51.80 Mar/19
South Africa 48.80 Mar/19
United Kingdom 50.00 Mar/19
United States 52.80 Apr/19


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