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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
SingaporeSingapore SIPMM Manufacturing PMI climbed to 51 in May 2026
FMPMonthlyReleased June 2026
Singapore SIPMM Manufacturing PMI climbed to 51 in May 2026, released June 2026, up 0.3 from April's 50.7 reading. The reading matched the 49 consensus. SIPMM Manufacturing PMI has now risen for 3 consecutive months. Over the past 3 months, SIPMM Manufacturing PMI averaged 50.6, vs 50.47 in the prior 3-month window. SIPMM Manufacturing PMI is now the highest in 16 months.
Latest Release
51
Actual
49
Consensus
50.7
Previous
Median Absolute Error
±0.21
across last 12 releases
Last Call
Jun 2026
Predicted: 48.95
Actual: 51
Error: -2.05
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| Nikkei 225 | ▲ Direct | +0.48 | INDEX | Bullish Nikkei 225 | → View |
| Hang Seng | ▼ Inverse | −0.30 | INDEX | Bearish Hang Seng | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
SIPMM Manufacturing PMI (Singapore) was reported at 51.00 in June 2026. This beat the market consensus of 49.00 by 2.00. The reading rose from the previous value of 50.70. Trailing 12-month context per ETL data through June 2026. Over the past 12 months, the indicator has averaged 50.31, ranging from 49.90 to 51.00 across 10 releases.
WHY IT MATTERS
The trailing three releases averaged 50.70, up from the prior three at 50.33. Volatility over the past year (σ 0.32) is lower than the prior year (σ 0.47). In June readings over the past 3 years, SIPMM Manufacturing PMI has averaged 50.43.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with Nikkei 225 (Bullish Nikkei 225). Over the last 12 releases, the Sigmacast model's median absolute error is 0.21.
WHAT TO WATCH NEXT
The next release is scheduled for July 2, 2026. Same-country events in the next 14 days include CPI YoY (Jun 23).
Auto-generated from current model state · Refreshes on each release · Last update June 2026.
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SIPMM Manufacturing PMI - SG
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About SIPMM Manufacturing PMI — Singapore
DEFINITION
The SIPMM Manufacturing PMI is a widely recognized financial indicator that measures the performance of the manufacturing sector in Singapore. It is based on a monthly survey of purchasing managers from various industries, providing valuable insights into the overall health and growth of the manufacturing industry. This indicator is a key tool for investors, businesses, and policymakers to assess the current and future economic conditions in Singapore and make informed decisions. With its timely and accurate data, the SIPMM Manufacturing PMI is an essential tool for tracking the country's manufacturing sector and its impact on the broader economy.
WHY THIS INDICATOR MATTERS
Sentiment surveys are forward-looking inputs that often lead hard data on output and hiring. Sharp swings can drive cross-asset repricing. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (May 2026): actual 51, consensus 49. Prior reading (Apr 2026): 50.7. Before that (Mar 2026): 50.5.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with Nikkei 225 (Bullish Nikkei 225, r=0.48) — a useful reference for index-focused traders.