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New PMI may help plug gap in services sector data

Markit chose "whole economy" format for Nikkei S'pore PMI that is also used for HK
Saturday, July 4, 2015 - 05:50

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Singapore now has a new gauge of how its economic winds are blowing. And economy watchers here welcomed the economy-wide purchasing managers' index (PMI) launched on Friday as one that might help fill a long-standing gap in timely information on Singapore's growing services sector.

SINGAPORE now has a new gauge of how its economic winds are blowing. And economy watchers here welcomed the economy-wide purchasing managers' index (PMI) launched on Friday as one that might help fill a long-standing gap in timely information on Singapore's growing services sector.

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