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Singapore Purchasing Managers’ Index

The Official Singapore PMI

The May reading of the Singapore Purchasing Managers’ Index (PMI) edged up 0.1 point from the previous month to post a slightly faster expansion at 50.4. The overall manufacturing sector had recorded 23 consecutive months of expansion. The Electronics Sector PMI posted a decrease of 0.2 point from the previous month to record a slower rate of expansion at 50.5. The electronics sector had recorded 22 consecutive months of expansion.

Despite continuing growth of the overall manufacturing sector, growth in the electronics industry appeared to be moderating. This could be a result of the prolonged uncertainties arising from the Russia-Ukraine conflict and rising supply costs. Global demand had also weakened due to the massive lockdowns in China and a slowing growth in the EU.

Ms Sophia Poh, Vice President, Industry Engagement & Development

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Month/YearSingapore PMIElectronics Sector PMI
May 202250.450.5
April 202250.350.7
March 202250.150.4
February 202250.250.5
January 202250.650.8
December 202150.751.0
November 202150.650.8
October 202150.851.1
September 202150.851.2
August 202150.951.0
July 202151.050.8
June 202150.850.6
May 202150.750.4
April 202150.950.7
March 202150.850.6
February 202150.550.8
January 202150.751.0
December 202050.551.2
November 202050.451.1
October 202050.551.0
September 202050.350.9
August 202050.150.6
July 202050.249.2
June 202048.047.6
May 202046.846.2
April 202044.742.8
March 202045.444.1
February 202048.747.6
January 202050.350.1
December 201950.149.9
November 201949.849.7
October 201949.649.3
September 201949.549.1
August 201949.949.4
July 201949.849.3
June 201949.649.2
May 201949.949.4
April 201950.349.5
March 201950.849.8
February 201950.449.5
January 201950.749.6
December 201851.149.8
November 201851.549.9
October 201851.950.5

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SIPMM Institute is the educational arm of the Singapore Institute of Purchasing and Materials Management. The institute publishes the Singapore Purchasing Managers’ Index (PMI) on a monthly basis. The Singapore PMI has become a key barometer of the Singapore manufacturing economy and has been highly sought after by local and international news agencies, banks, investment and stock-broking firms.

Watch the video below to understand more about the Singapore Purchasing Managers’ Index (PMI).

The Singapore PMI is published monthly in the major language press media, such as The Straits Times, The Business Times, The New Paper, Chinese Daily News LianHe ZaoBao and the Malay Daily News Berita Harian. The index is also reported regularly in the international media, as well as economic and research agencies worldwide, such as CNBC, Bloomberg, Thomson Reuters, and more. In addition, the Channel News Asia and News Radio 93.8 also broadcast the monthly news release of the index.

The SIPMM Monthly PMI Bulletin is a 4-page publication that features the Singapore PMI and the Electronics Sector Index, as well as the various indicators that affect the well-being of the manufacturing sectors. The monthly issues are available for Corporate Member only. For more information, please email [email protected].