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Singapore's April PMI up again for 10th straight month

Crucial electronics sector sees improved PMI of 50.7, up 0.1 point from March, marking its 9th month in expansion

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Janice Heng

Janice Heng

Published Mon, May 3, 2021 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    Steady goes it

    Singapore

    SINGAPORE'S manufacturers stayed optimistic in April, with the latest Purchasing Managers' Index (PMI) reading on Monday staying in expansion for the 10th straight month.

    April's PMI reading rose 0.1 to 50.9, the highest since December 2018, on the index compiled by the Singapore Institute of Purchasing and Materials Management (SIPMM). A reading of above 50 indicates expansion, and one below that, contraction.

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