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. source: Singapore Institute of Purchasing & Materials Management, SIPMM

Manufacturing PMI in Singapore averaged 50.34 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 October of 2020.

Manufacturing PMI in Singapore is expected to be 50.50 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 52.00 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
50.30 50.10 53.10 44.70 2012 - 2020 points Monthly


News Stream
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 Factory Activity Expands Slightly
The Singapore PMI edged down to 50.1 in August of 2020 from 50.2 in the previous month, following five months of contraction due to the coronavirus outbreak. Both new orders and factory output rose faster. Also, new export orders and inventories contracted at a slower pace. On the other hand, job shedding accelerated, and the supplier deliveries fell softer.
2020-09-03
Singapore Factory Activity Expands for 1st Time in 6 Months
The Singapore PMI increased to 50.2 in July of 2020 from 48 in the previous month, pointing to the first expansion in the manufacturing sector since January. A faster rate of expansion was recoded for new orders, amid a first-time expansion in new exports, factory output, and the inventory index. Slower contractions were recorded for the indexes of finished goods, imports, and input prices, while the order backlog index expanded for the first time after five months of contraction.
2020-08-03
Singapore Factory Activity Shrinks for 5th Month
The Singapore PMI increased to 48 in June of 2020 from 46.8 in May but came below market forecasts of 49.2. The reading still pointed to a contraction in the manufacturing sector as businesses struggle to recover from the coronavirus hit. The Electronics Sector PMI recorded an increase of 1.4 points from the previous month to 47.6. This is the 5th month of contraction for the electronics sector.
2020-07-03

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.