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. Manufacturing PMI in Singapore averaged 50.57 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 49.10 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 50.10 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 49.80 49.60 53.10 48.30 [+]
Industrial Production -6.90 -2.00 58.60 -32.20 percent [+]
Industrial Production Mom 1.25 -0.13 29.68 -21.75 percent [+]
Changes in Inventories 2462.80 2176.00 5885.80 -5379.50 SGD Million [+]
Bankruptcies 172.00 140.00 507.00 78.00 Companies [+]
Car Registrations 9143.00 9576.00 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 [+]
Services Sentiment 2.00 4.00 37.00 -53.00 [+]
Competitiveness Index 83.48 82.97 83.48 5.44 Points [+]
Competitiveness Rank 2.00 2.00 8.00 2.00 [+]
Composite Pmi 51.00 50.60 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 August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
49.80 49.60 53.10 48.30 2012 - 2019 Monthly




Country Last Previous
Australia 51.30 Jul/19
Brazil 49.90 Jul/19
Canada 50.20 Jul/19
China 49.90 Jul/19
Euro Area 46.50 Jul/19
France 49.70 Jul/19
Germany 43.20 Jul/19
India 52.50 Jul/19
Indonesia 49.60 Jul/19
Italy 48.50 Jul/19
Japan 49.40 Jul/19
Mexico 49.80 Jul/19
Netherlands 50.70 Jul/19
Russia 49.30 Jul/19
Saudi Arabia 56.60 Jul/19
Singapore 49.80 Jul/19
South Africa 52.10 Jul/19
South Korea 47.30 Jul/19
Spain 48.20 Jul/19
Switzerland 44.70 Jul/19
Turkey 46.70 Jul/19
United Kingdom 48.00 Jul/19
United States 50.40 Jul/19


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