The Singapore PMI edged lower to 50.1 in July of 2022 from 50.3 in June, pointing to a modest expansion in manufacturing activity. The Electronics Sector PMI fell by 0.3 points to 50.5. "The latest PMI readings signalled a start of the second half-year on a slightly dour outlook for manufacturers. The sector continues to face global headwinds as high inflation hit almost all advanced economies. This further aggravates the costly disruptions on global supply chains due to the pandemic, as well as the prolonged uncertainties arising from the Russia-Ukraine conflict", Sophia Poh, Vice President, Industry Engagement & Development said. source: Singapore Institute of Purchasing & Materials Management, SIPMM

Manufacturing PMI in Singapore averaged 50.38 points from 2012 until 2022, 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 August of 2022.

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. In the long-term, the Singapore Manufacturing PMI is projected to trend around 51.00 points in 2023, according to our econometric models.

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Singapore Manufacturing PMI



Related Last Previous Unit Reference
Manufacturing PMI 50.10 50.30 points Jul 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
50.10 50.30 53.10 44.70 2012 - 2022 points Monthly

News Stream
Singapore Manufacturing Sector Remains Sluggish
The Singapore PMI edged lower to 50.1 in July of 2022 from 50.3 in June, pointing to a modest expansion in manufacturing activity. The Electronics Sector PMI fell by 0.3 points to 50.5. "The latest PMI readings signalled a start of the second half-year on a slightly dour outlook for manufacturers. The sector continues to face global headwinds as high inflation hit almost all advanced economies. This further aggravates the costly disruptions on global supply chains due to the pandemic, as well as the prolonged uncertainties arising from the Russia-Ukraine conflict", Sophia Poh, Vice President, Industry Engagement & Development said.
2022-08-03
Singapore Factory Activity Edges Down in June
The Singapore PMI edged down to 50.3 in June of 2022 from 50.4 in the previous month, in line with its Asian peers. Manufacturing activity stalled amid supply disruptions and global slowdown caused by China’s strict covid lockdowns and aggressive monetary tightening by major central banks. Still, the latest reading pointed towards the 24th month of expansion in factory activity, supported by strong rise in new orders, new exports, factory output, as well as an expansion in the inventory and supplier deliveries indices.
2022-07-04
Singapore Factory Activity Edges up in May
The Singapore PMI edged up to 50.4 in May of 2022 from 50.3 in the previous month, still pointing towards the 23rd month of expansion in factory activity and the fastest pace since January. Growth was supported mainly by faster expansion rates in new orders, input prices and order backlogs. Also, output and employment rose, although at a softer pace. In contrast, the inventory index shrank faster, and supplier deliveries reverted to a contraction after 12 months of expansion.
2022-06-02