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Whole-economy PMI slumps to 49.4 in April

Published Thu, May 5, 2016 · 09:50 PM

Singapore

SINGAPORE'S economy could be off to a soft start in the second quarter of 2016.

In a sharp about-turn, the whole-economy purchasing managers' index (PMI) fell to 49.4 in April - a drop from March's 52.0 reading, and the first contraction in almost a year.

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Singapore manufacturing

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Singapore

Whole-economy PMI slumps to 49.4 in April

KEYWORDS IN THIS ARTICLE

Economy & Policy

Daily Debrief: What Happened Today (Apr 26)

Singapore must prepare for slower growth at higher costs: MAS

Outgoing Singapore, Indonesia leaders to hold their final retreat in Bogor on Apr 29

Singapore factory output reverses into negative territory in March, down 9.2%

Singapore’s growth should strengthen to ‘around potential rate’, output gap to close by end-2024: MAS

Gan Kim Yong visits US and Canada; to mark 20th anniversary of US-Singapore FTA

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