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. Manufacturing PMI in Singapore averaged 50.55 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 49.90 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 50.80 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
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Singapore Business Last Previous Highest Lowest Unit
Business Confidence -11.00 1.00 54.00 -57.00 Index Points [+]
Manufacturing PMI 49.50 49.90 53.10 48.30 [+]
Industrial Production -8.00 -0.10 58.60 -32.20 percent [+]
Industrial Production Mom -7.50 3.60 29.70 -21.80 percent [+]
Changes in Inventories 2462.80 2176.00 5885.80 -5379.50 SGD Million [+]
Bankruptcies 127.00 126.00 507.00 78.00 Companies [+]
Car Registrations 8135.00 10553.00 16204.00 2659.00 [+]
Leading Economic Index 108.10 109.30 109.90 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 [+]
Services Sentiment 2.00 4.00 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 48.30 48.70 56.80 48.30 [+]
Corruption Index 85.00 84.00 94.00 84.00 Points [+]
Corruption Rank 3.00 6.00 9.00 1.00 [+]
Ease of Doing Business 2.00 2.00 3.00 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 October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
49.50 49.90 53.10 48.30 2012 - 2019 Monthly




Country Last Previous
Australia 54.70 Sep/19
Brazil 53.40 Sep/19
Canada 51.00 Sep/19
China 51.40 Sep/19
Euro Area 45.70 Sep/19
France 50.10 Sep/19
Germany 41.70 Sep/19
India 51.40 Sep/19
Indonesia 49.10 Sep/19
Italy 47.80 Sep/19
Japan 48.90 Sep/19
Mexico 49.10 Sep/19
Netherlands 51.60 Sep/19
Russia 46.30 Sep/19
Saudi Arabia 57.30 Sep/19
Singapore 49.50 Sep/19
South Africa 41.60 Sep/19
South Korea 48.00 Sep/19
Spain 47.70 Sep/19
Switzerland 44.60 Sep/19
Turkey 50.00 Sep/19
United Kingdom 48.30 Sep/19
United States 51.10 Sep/19


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