PMI

It inched up to 49.8 in November.

It dipped 0.2 points from September.

Contraction in new orders and exports affected electronics’ performance.

It dipped by 0.1 points from August.

It edged up by 0.1 point from April.

Manufacturing output has been recovering steadily since April 2020.

Seasonal factors, such as the Lunar New Year, may have affected the decline.

The growth, however, will be underpinned by buoyant global trade activity.

SG's PMI grew at the quickest pace compared to six other ASEAN nations.

The manufacturing PMI inched up by 0.1 to 50.7 in December 2021.

Meanwhile, the electronics sector PMI crawled up to hit 51.

The manufacturing sector has recorded 16 months of consecutive expansion.

Singapore PMI recorded an expansion of 50.8.

Singapore's PMI eased slightly by 0.1 points to 50.8 in September.

Singapore was not unscathed with the regional decline of the manufacturing purchasing manager’s index (PMI).

Analysts say the manufacturing industry will be relatively unscathed from the tighter social restriction measures.