Nikkei Singapore PMI rises to 52.2 in November, from 50.2

SINGAPORE'S private sector firms saw a recovery in November in business conditions, with new business supporting a faster expansion of output.

The Nikkei Singapore Purchasing Managers' Index (PMI) was at 52.2 in November, up from 50.2 in October.

"Though modest, the latest improvement was the strongest seen since February," said Markit, the financial information services provider which compiles the index.