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. Manufacturing PMI in Singapore averaged 50.53 points from 2012 until 2019, reaching an all time high of 53.10 points in January of 2018 and a record low of 48.30 points in October of 2012. source: Singapore Institute of Purchasing & Materials Management, SIPMM

Manufacturing PMI in Singapore is expected to be 50.60 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 50.20 in 12 months time. In the long-term, the Singapore Manufacturing PMI is projected to trend around 50.40 points in 2020, according to our econometric models.


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Singapore Manufacturing PMI

Actual Previous Highest Lowest Dates Unit Frequency
50.10 49.80 53.10 48.30 2012 - 2019 points Monthly


News Stream
2019-12-03
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.

2019-11-04
Singapore Factory Activity Shrinks for 6th Month
The Singapore Manufacturing PMI increased to 49.6 in October of 2019 from 49.5 in the previous month but marking the sixth consecutive month of contraction. Factory output and inventory expanded faster while employment contracted at a softer pace. Also, imports, input prices, finished goods and supplier deliveries expanded quicker in October. Meanwhile, new orders and new exports went deeper into contraction. At the same time, the electronics sector PMI, edged up to 49.3 from 49.1, as new orders, factory output and employment contracted at a slower rate.

2019-10-03
Singapore Factory Growth Lowest in Over 3 Years
Singapore's SIPMM Manufacturing PMI dropped to 49.5 in September of 2019, the lowest since July 2016, from 49.9 in the previous month, as factory output and new orders dipped into contraction. Additionally, employment and new exports continued to shrink. Meantime, the electronics sector PMI, edged down to 49.1 from 49.4, as new orders fell further.

2019-09-03
Singapore Factory Activity Shrinks for 4th Straight Month
The Singapore Manufacturing PMI increased to 49.9 in August of 2019 from 49.8 in the previous month, but marking the fourth consecutive month of contraction. New orders and factory output expanded faster while inventory contracted at a softer pace. Meanwhile, new exports dipped into contraction for the first time since August 2016. Meantime, the electronics sector PMI, edged up to 49.4 from 49.3, as new orders, inventory, and employment contracted at a slower rate.

2019-08-02
Singapore Factory Activity Shrinks for 3rd Straight Month
The Singapore Manufacturing PMI increased to 49.8 in July of 2019 from 49.6 in the previous month, but marking the third consecutive month of contraction. New orders, factory output and new exports returned to tepid growth while order backlogs shrank for its tenth straight month. Meanwhile, the electronics sector PMI, edged up to 49.3 from 49.2 amid slower contractions in new orders, new exports, inventory, and employment.

2019-07-03
Singapore Factory Activity Shrinks for 2nd Straight Month
The Singapore Manufacturing PMI decreased to 49.6 in June of 2019 from 49.9 in the previous month. It was the lowest reading since August 2016, as new orders, factory output, inventory and employment contracted for the first time while new exports and imports slowed. In contrast, finished goods, input prices and supplier deliveries expanded faster in June when compared to the previous month. Meantime, the electronics sector PMI, which has been particularly hit by trade tensions between the United States and China, fell for the eighth straight month to 49.2 from 49.4 in May.


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.

Singapore Business Last Previous Highest Lowest Unit
Business Confidence -5.00 -11.00 54.00 -57.00 points [+]
Manufacturing PMI 50.10 49.80 53.10 48.30 points [+]
Industrial Production -9.30 3.60 58.60 -32.30 percent [+]
Industrial Production Mom -9.40 3.00 29.70 -21.80 percent [+]
Changes in Inventories 2048.70 2024.50 5885.80 -5379.50 SGD Million [+]
Bankruptcies 144.00 143.00 507.00 78.00 Companies [+]
Car Registrations 8046.00 8023.00 16204.00 2659.00 [+]
Leading Economic Index 108.70 108.10 109.90 23.70 points [+]
Internet Speed 20345.58 20174.80 20345.58 2170.47 KBps [+]
IP Addresses 1595352.00 1509471.00 1685917.00 433610.00 IP [+]
Services Sentiment 1.00 2.00 37.00 -53.00 [+]
Competitiveness Index 84.78 83.48 84.78 5.44 Points [+]
Competitiveness Rank 1.00 2.00 8.00 1.00 [+]
Composite Pmi 51.00 50.40 56.80 47.40 points [+]
Corruption Index 85.00 85.00 94.00 84.00 Points [+]
Corruption Rank 4.00 3.00 9.00 1.00 [+]
Ease of Doing Business 2.00 2.00 3.00 1.00 [+]