FX.co ★ Singapore Manufacturing Momentum Inches Higher as PMI Hits 50.6 in February

Singapore’s manufacturing sector extended its expansion in February, with the S&P Global Manufacturing PMI edging up to 50.6 from 50.5 in January 2026, according to data updated on 2 March 2026.

The slight uptick keeps the index above the 50.0 threshold that separates expansion from contraction, suggesting that factory activity in Singapore continues to improve, albeit at a modest pace. The February reading marks a second consecutive month of expansion after January’s 50.5 print.

While the gain is marginal, the steady upward movement in the PMI may signal a cautiously improving operating environment for manufacturers, as production and demand conditions show incremental strengthening into early 2026.