The Singapore PMI edged up to 50.7 in January of 2021, the highest since March of 2019 and compared to 50.5 in the previous month. The reading pointed to the 7th straight month of growth in the manufacturing sector due to faster increases in new orders, new exports, factory output, a slower expansion rate of the inventory index, and a slower contraction in employment. source: Singapore Institute of Purchasing & Materials Management, SIPMM

Manufacturing PMI in Singapore averaged 50.34 points from 2012 until 2021, 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 February of 2021.

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

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Singapore Manufacturing PMI

Actual Previous Highest Lowest Dates Unit Frequency
50.70 50.50 53.10 44.70 2012 - 2021 points Monthly


News Stream
Singapore Factory Activity Growth Strongest since 2019
The Singapore PMI edged up to 50.7 in January of 2021, the highest since March of 2019 and compared to 50.5 in the previous month. The reading pointed to the 7th straight month of growth in the manufacturing sector due to faster increases in new orders, new exports, factory output, a slower expansion rate of the inventory index, and a slower contraction in employment.
2021-02-02
Singapore Manufacturing PMI Edges Up in December
The Singapore PMI edged up to 50.5 in December of 2020 from 50.4 in the previous month, pointing to the 6th straight month of slight growth in the manufacturing sector. The Electronics Sector PMI posted a marginal increase of 0.1 point to 51.2. This is the fifth month of expansion for the electronics sector, and is the highest reading since September of 2018.
2021-01-04
Singapore Manufacturing PMI Highest in Near 2 Years
The Singapore PMI edged up to 50.5 in October of 2020 from 50.3 in the previous month, pointing to the 4th straight month of slight growth in the manufacturing sector and the strongest since March of 2019. The Electronics Sector PMI posted a marginal increase of 0.1 point from the previous month to 51. This is the third month of expansion for the electronics sector, and is the highest reading since September of 2018.
2020-11-03
Singapore Factory Activity Grows for 3rd Month
The Singapore PMI rose to 50.3 in September 2020 from 50.1 in the previous month. The latest reading pointed to the third successive expansion in factor activity and the sharpest since January, amid the ongoing easing of coronavirus lockdown restrictions. Output, new orders and export sales increased at a faster pace. Meantime, employment shrank for the eight consecutive month while inventories growth slowed. On the price front, input prices advanced further.
2020-10-02

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.