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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
SingaporeSingapore SIPMM Manufacturing PMI climbed to 51.5 in August 2026
FMPMonthlyReleased September 2026
Singapore SIPMM Manufacturing PMI climbed to 51.5 in August 2026, released September 2026, up 0.1 from July's 51.4 reading. The reading matched the 51.5 consensus. SIPMM Manufacturing PMI has now risen for 6 consecutive months. Over the past 3 months, SIPMM Manufacturing PMI averaged 51.35, vs 50.73 in the prior 3-month window. SIPMM Manufacturing PMI is now the highest in 37 months.
Latest Release
51.5
Actual
51.5
Consensus
51.4
Previous
Median Absolute Error
±0.19
across last 12 releases
Last Call
Sep 2026
Predicted: 51.7
Actual: 51.5
Error: +0.2
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
THE RELEASE
SIPMM Manufacturing PMI (Singapore) was reported at 51.50 in September 2026. This matched the market consensus of 51.50 exactly. The reading rose from the previous value of 51.40. Trailing 12-month context per ETL data through September 2026. Over the past 12 months, the indicator has averaged 50.67, ranging from 50.00 to 51.50 across 11 releases.
WHY IT MATTERS
The indicator has been trending upward over the last three releases. The trailing three releases averaged 51.40, up from the prior three at 50.70. Volatility over the past year (σ 0.52) is comparable than the prior year (σ 0.54). In September readings over the past 3 years, SIPMM Manufacturing PMI has averaged 50.80.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with USD/SGD (Bearish USD). Over the last 12 releases, the Sigmacast model's median absolute error is 0.19.
WHAT TO WATCH NEXT
The next release is scheduled for October 2, 2026.
Auto-generated from current model state · Refreshes on each release · Last update September 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 (Aug 2026): actual 51.5, consensus 51.5. Prior reading (Jul 2026): 51.4. Before that (Jun 2026): 51.3.
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 USD/SGD (Bearish USD, r=-0.55) — a useful reference for forex-focused traders.
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EXPECTED ZONE
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Economic Calendar - SG Events
| Thursday, September 17, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 00:30 | SG | Balance of Trade | 10.724 | 11 | 10.29 | Low | |
| 00:30 | SG | Non-Oil Exports YoY | 24.2 | 35 | 39.20 | Low | |
| 02:30 | SG | Unemployment Rate | 2 | 2 | 2.00 | Low | |