The Purchasing Managers' Index (PMI) is a critical economic indicator that provides insights into a country's manufacturing sector's health and direction.
It helps assess economic performance, anticipate shifts in the business cycle, and inform decisions by measuring factors like new orders, inventory, and employment.
Stephen Poh, Executive Director at the Singapore Institute of Purchasing and Materials Management (SIPMM) gives his insights to the latest PMI report for September, released on Oct 3, its correlation with Singapore's GDP figures out on Oct 13, and what key indicators should businesses study in their corporate planning moving forward.
Presented by Emaad Akhtar
This podcast is produced and edited by Anthea Ng (nganthea@sph.com.sg)
Do contact her for topics: C-Suite, SME, Sustainability, Property, Intergenerational Family Business, Industry Outlook, Fintech