Singapore Private Sector Growth Slows to 4-Month Low âšī¸
Singapore's PMI declined to 51.0 in June 2025, indicating continued but slower private sector expansion, with easing supply constraints and stable business sentiment.
Signals moderate economic stability with mixed indicators: slower growth but sustained expansion, reduced supply chain pressures, and positive business outlook suggest resilient economic conditions without dramatic shifts.
Singapore Manufacturing PMI Rebounds in June âšī¸
Singapore's Manufacturing PMI rose to 50 in June, indicating a potential recovery in manufacturing with improved new orders and exports, particularly in the electronics sector, despite ongoing trade policy uncertainties.
Manufacturing PMI signals marginal economic recovery with cautious optimism, reflecting potential stabilization in trade dynamics and manufacturing output. Incremental improvement suggests resilience but persistent global trade uncertainties limit strong positive momentum.
Singapore Stocks Hit Record High âšī¸
Singapore's Straits Times Index reached a record high of 4,009, driven by positive economic indicators including U.S. job data, China's factory activity rebound, and easing inflation, though tempered by potential trade tensions.
Positive economic signals from multiple regions suggest potential market strength, with modest gains across sectors and encouraging macroeconomic indicators supporting investor sentiment.
Singapore Forex Reserves Decline in June âšī¸
Singapore's foreign exchange reserves decreased from SGD 518.08 billion to SGD 515.78 billion in June 2025, primarily due to reductions in gold and foreign exchange holdings.
Marginal decline in foreign reserves represents a minor macroeconomic adjustment without significant market disruption. The change is relatively small and does not indicate substantial economic stress.
Singapore Retail Sales Rise the Most in 4 Months âšī¸
Singapore's retail sales grew 1.4% year-on-year in May 2025, marking the third consecutive month of growth with strong performances in supermarkets, recreational goods, and motor vehicles.
Moderate retail sales growth indicates stable consumer spending with mixed sector performances. Regional economic indicators suggest incremental economic health without dramatic shifts.