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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
SingaporeSingapore S&P Global Manufacturing PMI climbed to 51.5 Points in August 2026
FMPMonthlyReleased September 2026
Singapore S&P Global Manufacturing PMI climbed to 51.5 Points in August 2026, released September 2026, up 0.1 Points from July's 51.4 Points reading. The reading matched the 51.5 Points consensus.
Latest Release
51.500000
Actual
51.500000
Consensus
51.400000
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| USD/SGD | ▼ Inverse | −0.41 | FOREX | Moves against | → View |
| Nikkei 225 | ▲ Direct | +0.34 | INDEX | Moves with | → View |
| Hang Seng | ▼ Inverse | −0.30 | INDEX | Moves against | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
S&P Global Manufacturing PMI (Singapore) was reported at 51.50 Points in August 2026. This matched the market consensus of 51.50 Points exactly. The reading rose from the previous value of 51.40 Points. Over the past 12 months, the indicator has averaged 50.61 Points, ranging from 50.00 Points to 51.50 Points across 10 releases.
WHY IT MATTERS
The indicator has been trending upward over the last three releases. The trailing three releases averaged 51.30 Points, up from the prior three at 50.53 Points. Volatility over the past year (σ 0.50 Points) is comparable than the prior year (σ 0.48 Points).
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with USD/SGD (Bearish USD). A secondary relationship exists with Nikkei 225, positively correlated (Bullish Nikkei 225).
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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S&P Global Manufacturing PMI - SG
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About S&P Global Manufacturing PMI — Singapore
DEFINITION
The S&P Global Manufacturing PMI is a widely recognized financial indicator that measures the performance of the manufacturing sector in major economies around the world. It provides valuable insights into the health and growth of the global manufacturing industry, serving as a key barometer for investors, businesses, and policymakers. The index is based on a monthly survey of purchasing managers, and its timely and accurate data is highly regarded for its ability to forecast economic trends and inform decision-making.
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 Points. Prior reading (Jul 2026): 51.4 Points. Before that (May 2026): 51 Points.
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=-0.41) — a useful reference for forex-focused traders.
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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 | |