Breaking News

Singapore Manufacturing Purchasing Managers Index (PMI)

Latest Release

Nov 02, 2024

Actual

50.8

51.0

The Manufacturing Purchasing Managers Index (PMI) measures the activity level of purchasing managers in the manufacturing sector. A reading above 50 indicates expansion in the sector; below 50 indicates contraction. Traders watch these surveys closely as purchasing managers usually have early access to data about their company's performance, which can be a leading indicator of overall economic performance.
A higher than expected reading should be taken as positive/bullish for the SGD , while a lower than expected reading should be taken as negative/bearish for the SGD.

Importance:

Country:

Currency: SGD

Source: SIPMM Central Office

Release Date	Time	Actual	Previous
Dec 02, 2024 (Nov)	08:00		50.8
Nov 02, 2024 (Oct)	08:00	50.8	51.0
Oct 02, 2024 (Sep)	08:00	51.0	50.9
Sep 02, 2024 (Aug)	08:00	50.9	50.7
Aug 02, 2024 (Jul)	08:00	50.7	50.4
Jul 02, 2024 (Jun)	08:00	50.4	50.6

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Analysis

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S&P Global Singapore PMI Discussion

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CasinoCrypt Feb 02, 2021 8:24AM ET

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I study PMI on all the major economies . China and Singapore never seem to have an anomaly in their reports . My conclusion from years of analysis is that there is a engineering of the figures .Under the surface its questionable.

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