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September PMI improves but outlook remains muted

Service sector shows resilience amid weakness in manufacturing; external economy worrying

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Even as overall business conditions here improved to a seven-month high, according to the latest Nikkei Singapore purchasing managers' index (PMI), economists called for cautious optimism as external factors still put a dampener on Singapore's economic performance.

Singapore

EVEN as overall business conditions here improved to a seven-month high, according to the latest Nikkei Singapore purchasing managers' index (PMI), economists called for cautious optimism as external factors still put a dampener on Singapore's economic performance.

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