Breaking News

Singapore Manufacturing Purchasing Managers Index (PMI)

Latest Release

Apr 02, 2024

Actual

50.7

50.6

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
May 02, 2024 (Apr)	09:00		50.7
Apr 02, 2024 (Mar)	09:00	50.7	50.6
Mar 02, 2024 (Feb)	09:00	50.6	50.7
Feb 02, 2024 (Jan)	09:00	50.7	50.5
Jan 03, 2024 (Dec)	09:00	50.5	50.3
Dec 02, 2023 (Nov)	09:00	50.3	50.2

News

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By Ambar Warrick Investing.com -- Most Asian currencies rose sharply on Friday, while the dollar sank to near one-year lows as soft inflation data spurred increased bets that a pause in the Federal...

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Investing.com - Manufacturing activity in Singapore rose more-than-expected last month, official data showed on Tuesday.In a report, SIPMM Central Office said that Singaporean PMI rose to 50.2, from...

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Investing.com - Manufacturing activity in Singapore fell more-than-expected last month, official data showed on Monday.In a report, SIPMM Central Office said that Singaporean PMI fell to 49.4, from...

Analysis

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Time for the Fed to step up A blockbuster week in store in financial markets and one that begins with bank holiday’s across various countries. Throw in Chinese PMI data over the weekend and it...

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The overnight session was a noisy one. The heads of the Netherlands and Austrian central banks wrung their hands about runaway European inflation, briefly lifting the euro. US Consumer Confidence...

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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