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Singapore manufacturing PMI at 50 in August, below Asean's 50.3

Stabilisation after 7-month slide result of higher output and slowdown in job losses

Published Thu, Sep 1, 2016 · 09:50 PM

Singapore

CONDITIONS in Singapore's manufacturing sector in August stayed flat when compared to July, marking the first stabilisation after a seven-month decline.

However, it fell short of the "precarious" improvement recorded in Asean's manufacturing sector, figures published by financial information services provider IHS Markit on Thursday showed.

The Nikkei Singapore manufacturing purchasing managers' index (PMI) was at 50 in August, compared to the 50.3 reading as measured across seven countries in As…

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