Singapore’s electronics Purchasing Managers’ Index (PMI) rose in May, with the sector continuing to show improvement even as production trails strengthening demand, according to UOB. The electronics PMI increased by 0.2 points to 51.9, whilst the overall PMI rose 0.3 points to 51.0, marking the strongest reading since August 2018. The data suggest sustained improvement in operating conditions, particularly in the electronics segment, the bank said. According to the Singapore Institute of Purchasing & Materials (SIPMM), the stronger reading reflected broad-based gains in new orders, new export business, factory output, input purchases, and employment. Imports, input prices, order backlogs, and business expectations also showed improved growth during the month. Top of Form Bottom of Form May marked the tenth consecutive month of expansion for the manufacturing sector and the highest PMI reading since December 2024.   https://sbr.com.sg/in-focus/electronics-pmi-improves-519-output-lags-rising-demand   (ICE SINGAPORE)

Fonte notizia: Singapore Business Review, 5 June 2026