Singapore Manufacturing PMI

Last Release

Mar 31, 2025

Actual

50.6

Units In

Points

50.7

Frequency

Monthly

Next Release

May 02, 2025

Time to Release

28 Days 7 Hours

Highest	Lowest	Average	Date Range	Source
53.1 Jan 2018	44.7 Apr 2020	50.36 Points	2012-2025	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

Singapore's Manufacturing PMI slightly dipped to 50.6 in March 2025 from 50.7 in February, signaling modest growth in the sector. This also marked the lowest reading since May 2024, reflecting slower expansion in new orders, exports, factory output, and employment, amid growing global trade tensions and tariff uncertainties. Input prices decreased for the second consecutive month, pointing to easing manufacturing costs and the potential for rising disinflationary pressures if global demand softens. The key electronics sector also saw its PMI edge down to 50.9 from 51.0.