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Singapore PMI falls to 51.6 in Feb as private-sector conditions soften

This is a 0.9 drop from Jan; output expansion at slowest since Oct 2015

Published Thu, Mar 3, 2016 · 09:50 PM

Singapore

BUSINESS conditions for Singapore's private sector improved at a slower rate in February, with indicators pointing towards softening growth.

The latest Nikkei Singapore Purchasing Managers' Index (PMI), released on Thursday, was at 51.6 last month, a 0.9 drop from January.

Readings above 50 signal an improvement in business conditions on the previous month, while readings below 50 in…

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