Singapore’s PMI June 2025

According to data from S&P Global, Singapore’s Purchasing Manager’s Index (PMI) reached 51 in June, above the 50-point threshold that separates growth from contraction.

Business activity continued to expand in June, though the pace of growth slowed as firms decreased staffing and inventory. Supplier delivery times have shortened, and output growth has remained consistent with historical trends.

Business sentiment turned positive, reflecting increased optimism about the economic outlook. This optimism was associated with expansion plans and helpful government policies.

While current business conditions remained positive overall, global trade tariffs and policies produced cautious sentiment among local manufacturers amid heightened geopolitical uncertainty.

In its latest outlook, the International Monetary Fund estimated Singapore's GDP growth rate to be 2 per cent in 2025.

The Association of Southeast Asian Nations (ASEAN) is a political and economic union of ten members, has 667 million people and a territory of 4.5 million Km2; is currently the third largest economy in Asia-Pacific and the fifth largest in the World. The ASEAN Economic Community (AEC) has a combined GDP of USD 4.2 trillion, according to estimates for 2024.