Singapore PMI inches up to 50.3 in December

This was driven by growth in new orders and factory output.

Singapore Purchasing Managers’ Index (PMI) rose by just 0.1 points month on month to 50.3 points in December 2025, making it the fifth consecutive month of growth for the manufacturing sector.

It also indicated a slightly faster pace of expansion, the Singapore Institute of Purchasing and Materials Management (SIPMM) said.

The latest PMI performance was driven by growth in new orders and factory output, it added.

Demand from the electronics and semiconductor segments supported the growth, said Stephen Poh, PMI executive director.

However, slower rates of expansion were recorded for the indexes of new exports and input purchases, whilst the employment index posted a slower rate of contraction.

The supplier deliveries index recorded its second consecutive month of moderation. Slower expansion rates were recorded for the indexes of finished goods, imports, and input prices. The order backlog index posted a faster rate of contraction.

Manufacturers are facing capacity constraints and disruptions from Red Sea diversions, which have led to longer transit times, higher logistics costs, and delays in supplier deliveries, Poh said.

Amidst these challenges, the December 2025 PMI readings point to a positive outlook for the sector entering the new year.

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Singapore Institute of Purchasing and Materials Management

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