PMI edges up to 50.1 in September

New orders, new exports, and input purchases grew at a faster rate.

Singapore’s purchasing managers’ index (PMI) rose 0.1 point in September to 50.1, signaling marginal expansion in the manufacturing sector.

Growth was driven by faster expansion in new orders, new exports, and input purchases.

Factory output returned to expansion after five months of contraction, while employment continued to contract, though at a slower pace. Supplier deliveries expanded more slowly.

Faster growth was also seen in finished goods, imports, and input prices.

The future business index contracted more slowly, and the order backlog expanded at a faster rate.

Stephen Poh, Executive Director, said Singapore’s manufacturing sector remains on track for expansion as the final quarter begins. Despite global trade uncertainties and sectoral tariffs, demand is rising ahead of the year-end festive season, supporting a positive industry outlook.

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