Senior Economist at UOB Group Alvin Liew and Associate Economist Jester Koh comment on the latest PMI releases in Singapore.
Singapore’s manufacturing prospects improved further as the latest Purchasing Manager’s Index (PMI) edged up 0.1pt to 50.2 in Oct (Sep: 50.1), the second consecutive expansionary (above 50) reading. Similarly, the electronics PMI rose 0.1pt to 49.9 in Oct (Sep: 49.8), which marks the fourth consecutive month of improvement, although still mildly contractionary (below 50).
The improvement in Oct’s overall PMI was broad-based, new exports (50.2 from 50.0) saw the strongest increase, while other key subindices saw a milder 0.1pt uptick, in particular, production (50.3 from 50.2), employment (50.2 from 50.1) and order backlog (50.5 from 50.4) which is positive for the outlook.
Singapore Manufacturing Outlook – While we are heartened by the broadbased improvement in Oct’s overall PMI, we caution that the manufacturing sector could remain downbeat in the near term given the weak external demand, likely for the rest of 2023 and into early 2024. Headwinds in the manufacturing sector could persist on tight financial conditions stemming from an elevated interest rate environment.
© 2000-2026. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.