02.06.202613:00:00UTC+00Singapore Manufacturing Momentum Builds as S&P Global PMI Edges Up in May

Singapore’s manufacturing sector showed a modest pickup in momentum in May 2026, as the S&P Global Manufacturing Purchasing Managers’ Index (PMI) inched up to 51.0 from 50.7 in April 2026.

The latest reading, updated on 02 June 2026, keeps the index above the 50.0 threshold that separates expansion from contraction, indicating that manufacturing activity continued to grow and did so at a slightly faster pace than in the previous month. While the improvement is incremental, the move from 50.7 to 51.0 suggests that underlying conditions in Singapore’s factory sector are gradually strengthening as the second quarter progresses.

With May marking a continuation of expansion, the data will be closely watched by market participants assessing the resilience of Singapore’s industrial base amid shifting global demand and supply chain dynamics.