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FX.co ★ Singapore Manufacturing Momentum Edges Higher as June PMI Rises to 51.3

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typeContent_19130:::2026-07-02T13:00:00

Singapore Manufacturing Momentum Edges Higher as June PMI Rises to 51.3

Singapore’s manufacturing sector extended its expansion in June, with the S&P Global Manufacturing Purchasing Managers’ Index (PMI) inching up to 51.3 from 51.0 in May 2026.

The latest reading, updated on 2 July 2026, marks a second consecutive month comfortably above the 50-point threshold that separates expansion from contraction. While the increase from May’s 51.0 is modest, it signals a continued, if gradual, improvement in operating conditions across Singapore’s manufacturing industry during June.

The uptick in the PMI suggests that underlying momentum in the sector remains positive, reinforcing the view that manufacturing is providing steady support to the broader economy midway through 2026.

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