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Singapore Manufacturing Purchasing Managers Index (PMI)

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Singapore Manufacturing Purchasing Managers Index (PMI)

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Delivery Method

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Status

 
Latest Release
Oct 02, 2024
Actual
51.0
Previous
50.9
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
Singapore Manufacturing Purchasing Managers Index (PMI)
 
Release Date Time Actual Forecast Previous
Oct 02, 2024 (Sep) 09:00 51.0   50.9
Sep 02, 2024 (Aug) 09:00 50.9   50.7
Aug 02, 2024 (Jul) 09:00 50.7   50.4
Jul 02, 2024 (Jun) 09:00 50.4   50.6
Jun 03, 2024 (May) 09:00 50.6   50.5
May 02, 2024 (Apr) 09:00 50.5   50.7

News

Singapore manufacturing PMI 50.2 vs. 49.5 forecast
Singapore manufacturing PMI 50.2 vs. 49.5 forecast By Investing.com - Jun 02, 2015

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...

Singapore manufacturing PMI 49.4 vs. 49.5 forecast
Singapore manufacturing PMI 49.4 vs. 49.5 forecast By Investing.com - May 04, 2015 1

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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Finally, it's Friday; let's run the payrolls. In this case, the US Nonfarm Payrolls. The NFP is always good for some juicy volatility intra-session, but this one will assume potentially greater...

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Lots Of Noise, Not Much Substance By Jeffrey Halley - Sep 01, 2021

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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Casino Crypt
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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