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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
SingaporeSingapore S&P Global PMI fell to 56.7 in May 2026
FMPMonthlyReleased June 2026
Singapore S&P Global PMI fell to 56.7 in May 2026, released June 2026, down 1.2 from April's 57.9 reading. The print exceeded the 54 consensus by 2.7.
Latest Release
56.700000
Actual
54.000000
Consensus
57.900000
Previous
Median Absolute Error
±2.6
across last 12 releases
Last Call
Jun 2026
Predicted: 54
Actual: 56.7
Error: -2.7
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 |
|---|---|---|---|---|---|
| USD/SGD | ▲ Direct | +0.32 | FOREX | Bullish USD | → View |
| S&P 500 | ▼ Inverse | −0.30 | INDEX | Bearish S&P 500 | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
S&P Global PMI (Singapore) was reported at 56.70 in May 2026. This beat the market consensus of 54.00 by 2.70. The reading fell from the previous value of 57.90. Over the past 12 months, the indicator has averaged 55.54, ranging from 51.20 to 59.20 across 9 releases.
WHY IT MATTERS
The trailing three releases averaged 57.57, up from the prior three at 55.63. Volatility over the past year (σ 2.35) is lower than the prior year (σ 2.62). In June readings over the past 3 years, S&P Global PMI has averaged 54.13.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with USD/SGD (Bullish USD). Over the last 12 releases, the Sigmacast model's median absolute error is 2.60.
WHAT TO WATCH NEXT
The next release is scheduled for July 3, 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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S&P Global PMI - SG
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About S&P Global PMI — Singapore
DEFINITION
The S&P Global PMI (Purchasing Managers' Index) is a widely recognized financial indicator that measures the economic health of the global manufacturing sector. It provides valuable insights into the current and future trends of production, new orders, employment, and supplier deliveries. This data is collected from surveys of purchasing managers in various industries and countries, making it a reliable and comprehensive measure of economic activity. The S&P Global PMI is used by investors, businesses, and policymakers to make informed decisions and assess the overall state of the global 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 56.7, consensus 54. Prior reading (Apr 2026): 57.9. Before that (Mar 2026): 56.7.
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 headwind in the current projection.