Singapore skyline

Singapore PMI March 2023

Singapore: Manufacturing PMI points to a stronger contraction in April

The Singapore Institute of Purchasing and Materials Management Manufacturing PMI fell to 49.7 in April from March’s 49.9. As a result, the index moved deeper into contractionary terrain.

The headline print reflected a sharper deterioration in new orders, exports and employment. Moreover, factory output and inventories both remained in contractionary territory. The PMI for the electronics sector, which accounts for 42% of Singapore’s industrial output, came in at 49.2 in April, down from March’s 49.4.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest X Download Fullscreen