PMI growth in August signals steady manufacturing recovery

It rose to 50.9.

August marked a faster expansion of the Purchasing Managers' Index (PMI), increasing by 0.2 point to 50.9 from July.

The Singapore Institute of Purchasing and Materials Management (SIPMM) attributed the improvement to faster expansion in key indexes of new orders, new exports, factory output, and input purchases.

Additionally, the employment index reverted to an expansion.

Indexes of finished goods, imports, input prices, order backlog, and future business also recorded faster expansion rates, whilst the supplier deliveries index reverted to an expansion.

Stephen Poh, executive director of SIPMM, said the August PMI points to a "steady manufacturing recovery."

Follow the link for more news on

Singapore Institute of Purchasing and Materials Management

PMI

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia