FX.co ★ Singapore’s Manufacturing Momentum Edges Higher as April PMI Climbs to 50.7

Singapore’s manufacturing sector showed a slight improvement in April 2026, with the S&P Global Manufacturing Purchasing Managers’ Index (PMI) rising to 50.7, up from 50.5 in March 2026.

The uptick, while modest, reinforces the view that Singapore’s factory activity is holding above the key 50-point threshold that separates expansion from contraction. The back-to-back readings above 50 suggest ongoing, if gradual, growth in the manufacturing sector.

The latest data, updated on 2 May 2026, will be closely watched by market participants and policymakers as they gauge the strength and durability of Singapore’s industrial recovery in the months ahead.