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Singapore Manufacturing PMI Rises to 51 in May

Created at 1 Jun · 3:00 PM11 sources↑ Market-relevant11 events
IN SHORT

Singapore's manufacturing sector expanded in May, with the S&P Global Manufacturing PMI rising to 51.0 from 50.7 in April. A reading above 50 signifies expansion.

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Key Numbers

51.0Singapore Manufacturing PMI in May
50.7Singapore Manufacturing PMI in April

Who's Involved

S&P Global
Provider of the manufacturing PMI data for Singapore
Singapore Manufacturing PMI Rises to 51 in May

↳ Why This Matters

This data point indicates a positive growth trend in Singapore's manufacturing sector, offering insight into the broader economic health of the region.

Key facts

  • Singapore's manufacturing sector showed expansion in May.
  • The S&P Global Manufacturing PMI increased to 51.0.
  • The previous month's PMI reading was 50.7.

The S&P Global Singapore Manufacturing PMI is an indicator of the health of the manufacturing sector in Singapore. A reading above 50 signifies expansion, while a reading below 50 indicates contraction. The May reading suggests a slight but positive growth trend in the sector.

Frequently asked questions

A PMI reading of 51 indicates that the manufacturing sector is expanding, as it is above the threshold of 50.

The May PMI reading of 51.0 is an increase from the previous month's reading of 50.7.

What Happens Next

01Monitor future S&P Global Manufacturing PMI reports for Singapore to track trends.
02Observe broader economic indicators for Singapore's manufacturing sector.

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Cadence
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How It Developed

2 Jun · 1:17 PM
The article confirms Singapore's manufacturing sector expanded in May with a PMI of 51, up from 50.7 in April.
@PiQSuite via PiQSuite
2 Jun · 1:10 PM
Singapore's manufacturing PMI rose to 51 in May, indicating a slight expansion.
Economic And Earnings Data via PiQSuite
2 Jun · 9:10 AM
New article confirms manufacturing expansion in May, citing multiple PMI surveys and highlighting ongoing business concerns.
Axios | Top Stories via PiQSuite
1 Jun · 10:14 PM
Manufacturing expanded at its fastest rate in 4 years in May, driven by a surge in orders and rising prices, despite stagnant employment.
Wolf Richter | Wolf Street via PiQSuite
1 Jun · 5:05 PM
The article reiterates that U.S. manufacturing has expanded for five consecutive months, signaling a resurgence.
@WhiteHouse via PiQSuite
1 Jun · 4:45 PM
US manufacturing activity reached a four-year high in May, driven by businesses front-loading orders due to rising prices and shortages.
Reuters via PiQSuite
1 Jun · 4:24 PM
The article states US factory activity reached a 4-year high in May, confirming earlier reporting of the ISM PMI at 54.
Argus Media | Latest Energy News via PiQSuite
1 Jun · 2:58 PM
The article states that U.S. manufacturing activity expanded at a faster pace in May, confirming earlier reports of growth.
Investing.com via PiQSuite
1 Jun · 2:36 PM
U.S. factory activity expanded in May, with the ISM's purchasing managers index reaching its highest level since May 2022.
WSJ | Economy via PiQSuite
1 Jun · 2:29 PM
Manufacturing activity saw its largest expansion in four years, a significant positive shift.
Yahoo News | Business Finance, Stock Market, Quotes, News via PiQSuite

Sources

T1
U.S. Factory Activity Expands in Maym.piqsuite.com
T1
ISM data: Manufacturing activity sees biggest expansion in 4 yrsm.piqsuite.com
T1
U.S. manufacturing sector activity expands at faster pace in Maym.piqsuite.com
T1
US May factory activity quickens to 4-year high: ISMm.piqsuite.com
T1
US manufacturing activity at four-year high, supply constraints growingm.piqsuite.com
T1
FIVE MONTHS IN A ROW: U.S. Manufacturing Expands. American Manufacturing is BACK. 🇺🇸 https://t.co/87zN18y5yo@WhiteHouse via PiQSuite
T1
As Prices Spike, Manufacturing Expands at Fastest Rate in 4 Years, Orders Surge, Supplier Deliveries Slowm.piqsuite.com
T1
America has a muddled recovery in manufacturingm.piqsuite.com
T1
🇸🇬 Singapore S&P Global Manufacturing PMI (May) $SGD Actual: 51 Previous: 50.7m.piqsuite.com
T1
🇸🇬 Singapore S&P Global Manufacturing PMI (May) $SGD Actual: 51 Previous: 50.7@PiQSuite via PiQSuite
T1
US manufacturing activity at four-year high, supply constraints growingm.piqsuite.com

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