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Singapore PMI contracts in Feb for third month in a row

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The Singapore Purchasing Managers' Index (PMI) contracted for the third straight month in February with a reading of 49.7 points, dipping 0.2 point from January, as new orders continued to decline.

Singapore

THE Singapore Purchasing Managers' Index (PMI) contracted for the third straight month in February with a reading of 49.7 points, dipping 0.2 point from January, as new orders continued to decline.

While lower than January's figure, the PMI for February was a touch above

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