The Singapore Manufacturing PMI decreased to 49.9 in May of 2019 from 50.3 in the previous month. The reading pointed to the contraction in the factory activity for the first time since August 2016, amid a deterioration in the trade war between the US and China. Order backlogs remained negative for the eight straight month while new orders, new exports, factory output and inventories grew at a softer pace. Meantime, the electronics sector PMI fell for the seventh straight month to 49.4 from 49.5 in April. Manufacturing PMI in Singapore averaged 50.59 from 2012 until 2019, reaching an all time high of 53.10 in January of 2018 and a record low of 48.30 in October of 2012.

Manufacturing PMI in Singapore is expected to be 50.50 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing PMI in Singapore to stand at 52.00 in 12 months time. In the long-term, the Singapore Manufacturing PMI is projected to trend around 50.40 in 2020, according to our econometric models.

Singapore Manufacturing PMI
width
height
Forecast Data Chart
The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


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 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. 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. Singapore Manufacturing PMI - actual data, historical chart and calendar of releases - was last updated on June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
49.90 50.30 53.10 48.30 2012 - 2019 Monthly




Country Last Previous
Australia 52.70 May/19
Brazil 50.20 May/19
Canada 49.10 May/19
China 50.20 May/19
Euro Area 47.70 May/19
France 50.60 May/19
Germany 44.30 May/19
India 52.70 May/19
Indonesia 51.60 May/19
Italy 49.70 May/19
Japan 49.80 May/19
Mexico 50.00 May/19
Netherlands 52.20 May/19
Russia 49.80 May/19
Saudi Arabia 57.30 May/19
Singapore 49.90 May/19
South Africa 45.40 May/19
South Korea 48.40 May/19
Spain 50.10 May/19
Switzerland 48.60 May/19
Turkey 45.30 May/19
United Kingdom 49.40 May/19
United States 50.50 May/19


Related

Latest