Singapore Manufacturing PMI

The Singapore Manufacturing PMI decreased to 49.9 in May of 2019 from 50.3 in the previous month. The reading pointed to the contraction in the factory activity for the first time since August 2016, amid a deterioration in the trade war between the US and China. Order backlogs remained negative for the eight straight month while new orders, new exports, factory output and inventories grew at a softer pace. Meantime, the electronics sector PMI fell for the seventh straight month to 49.4 from 49.5 in April. Manufacturing PMI in Singapore averaged 50.59 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 50.50 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 in 2020, according to our econometric models.

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Singapore Business	Last	Previous	Highest	Lowest	Unit
Business Confidence	1.00	-14.00	54.00	-57.00	Index Points	[+]
Manufacturing PMI	49.90	50.30	53.10	48.30		[+]
Industrial Production	0.10	-4.30	58.60	-32.20	percent	[+]
Industrial Production Mom	2.40	-2.50	29.70	-21.80	percent	[+]
Changes in Inventories	2212.50	3407.60	5885.80	-5379.50	SGD Million	[+]
Bankruptcies	140.00	134.00	507.00	78.00	Companies	[+]
Car Registrations	9576.00	10378.00	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	[+]
Competitiveness Index	83.48	82.97	83.48	5.44	Points	[+]
Competitiveness Rank	2.00	2.00	8.00	2.00		[+]
Composite Pmi	52.10	53.30	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 June of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	49.90	50.30	53.10	48.30	2012 - 2019		Monthly

Country	Last		Previous	Range
Australia	52.70	May/19	54.8	62.5 : 29.47
Brazil	50.20	May/19	51.5	53.5 : 41.6
Canada	49.10	May/19	49.7	57.1 : 47.5
China	50.20	May/19	50.2	52.3 : 47.2
Euro Area	47.70	May/19	47.9	60.6 : 33.5
France	50.60	May/19	50	58.8 : 42.7
Germany	44.30	May/19	44.4	63.3 : 32
India	52.70	May/19	51.8	55 : 47.9
Indonesia	51.60	May/19	50.4	58.5 : 46.4
Italy	49.70	May/19	49.1	59 : 47.4
Japan	49.80	May/19	50.2	56.2 : 29.6
Mexico	50.00	May/19	50.1	57.1 : 49.2
Netherlands	52.20	May/19	52	63.4 : 48
Russia	49.80	May/19	51.8	54.7 : 47.6
Saudi Arabia	57.30	May/19	56.8	61.8 : 51.4
Singapore	49.90	May/19	50.3	53.1 : 48.3
South Africa	45.40	May/19	47.2	60.87 : 35.09
South Korea	48.40	May/19	50.2	52.6 : 45.7
Spain	50.10	May/19	51.8	56.1 : 41.1
Switzerland	48.60	May/19	48.5	66.9 : 32.8
Turkey	45.30	May/19	46.8	55.7 : 42.7
United Kingdom	49.40	May/19	53.1	61.5 : 34.4
United States	50.50	May/19	52.6	57.9 : 50.5