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2026-11-04 13:44:25
[Singapore's S&P PMI Falls to 56.7 in October, Still Expanding for 21 Consecutive Months] (1) S&P Global announced that Singapore's seasonally adjusted S&P PMI fell to 56.7 in October from 58.1 in the previous month, hitting a five-month low, but the pace of improvement remained strong and continued to expand for 21 consecutive months. (2) During the period, new business volume of Singapore's private enterprises surged, supporting the expansion of activity, hiring and input purchasing. (3) Purchasing activity expanded at a record pace; inventory levels rose, although supply delays limited the increase. (4) Input cost inflation accelerated slightly, and business confidence rose to the third highest level on record.
