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Singapore Manufacturing PMI
Last Release
Apr 30, 2024
Actual
50.5
Units In
Points
Previous
50.7
Frequency
Monthly
Next Release
Jun 03, 2024
Time to Release
1 Months 0 Days 8 Hours
Highest | Lowest | Average | Date Range | Source |
53.1 Jan 2018 | 44.7 Apr 2020 | 50.33 Points | 2012-2024 | N/A |
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.
Latest Updates
The Singapore Manufacturing PMI dipped to 50.5 in April 2024, down from 50.7 in March. The latest reading pointed to the slowest expansion rate in 5 months, with new orders, new exports, factory output and input purchases all declining. In contrast, the employment index recorded a slightly faster rate of expansion. Meanwhile, the electronics PMI, which accounts for around a third of factory activity, increased to 50.9 in April, up from 50.8 in March.
Singapore Manufacturing PMI History
Last 12 readings