The Singapore PMI decreased to 44.7 in April of 2020 from 45.4 in March, pointing to a record contraction in the manufacturing sector, due to the coronavirus outbreak and restrictions imposed which include closures of businesses and schools, and asking people to stay home. The Electronics PMI also fell to 42.8 from 44.1.

Manufacturing PMI in Singapore averaged 50.40 points from 2012 until 2020, reaching an all time high of 53.10 points in January of 2018 and a record low of 44.70 points in April of 2020. 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 - data, historical chart, forecasts and calendar of releases - was last updated on May of 2020. source: Singapore Institute of Purchasing & Materials Management, SIPMM

Manufacturing PMI in Singapore is expected to be 44.10 points 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 51.00 in 12 months time. In the long-term, the Singapore Manufacturing PMI is projected to trend around 50.40 points in 2021 and 50.70 points in 2022, according to our econometric models.

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Singapore Manufacturing PMI

Actual Previous Highest Lowest Dates Unit Frequency
44.70 45.40 53.10 44.70 2012 - 2020 points Monthly


News Stream
Singapore Factory Activity Shrinks at Record Pace
The Singapore PMI decreased to 44.7 in April of 2020 from 45.4 in March, pointing to a record contraction in the manufacturing sector, due to the coronavirus outbreak and restrictions imposed which include closures of businesses and schools, and asking people to stay home. The Electronics PMI also fell to 42.8 from 44.1.
2020-05-04
Singapore Manufacturing Activity Dips into Contraction
The Singapore Manufacturing PMI decreased to 48.7 in February of 2020 from 50.3 in the previous month. It was the weakest reading since February of 2016, dragged by contractions for the key indicators of new orders, new exports, factory output, inventory and employment. Meantime, the electronics sector sank 2.5 points to record a contraction of 47.6 in February, the biggest drop in a month since October of 2012, and the lowest reading since December of 2012, amid first-time contractions for the indexes of new orders, new exports, factory output, inventory and employment.
2020-03-03
Singapore Manufacturing Activity Returns to Growth
The Singapore Manufacturing PMI increased to 50.1 in December of 2019 from 49.8 in the previous month, pointing to the first expansion since April, on the back of easing trade tensions between the US and China. At the same time, the electronics sector PMI, edged up to 49.9 from 49.7.
2020-01-03
Singapore Factory Activity Shrinks for 7th Month
The Singapore Manufacturing PMI increased to 49.8 in November of 2019 from 49.6 in the previous month. In spite of the improvement, the reading pointed to seventh consecutive month of contraction in manufacturing sector. Factory output and inventory expanded faster while new orders, new exports and employment contracted at a softer pace. At the same time, the electronics sector PMI, edged up to 49.7 from 49.3, as new orders, new exports, factory output and employment contracted at a slower rate while inventory continued to expand.
2019-12-03

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.