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.