The S&P Global Singapore Purchasing Manager's Index posted above the 50.0 no-change mark for the twelfth straight month in January, accelerating at its fastest pace since October 2025, according to data released by S&P Global on Wednesday.
The PMI rose to 56.8 in January from 54.1 in the previous month, with the latest figure indicating growth backed by faster business activity.
However, supply conditions were severely impacted due to higher transport costs, alongside rising input material prices.