🇸🇬 SingaporeJuly 6, 2026
Singapore PMI rises to 51.3 in June on AI tailwinds; household energy tariffs to increase sharply from July
Singapore's manufacturing PMI edged higher in June, supported by AI-related demand, while authorities announced significant electricity and gas tariff hikes effective July. Economists have trimmed 2026 growth forecasts slightly amid mixed consumption signals. The Straits Times Index traded near record levels through early July. Investors are watching for the Monetary Authority of Singapore's July policy decision, with expectations leaning toward a hold.
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