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S'pore manufacturing activity picks up at slower rate in May

PMI reading dips 0.3 point from April to 50.8; electronics PMI continues uptrend by rising 0.8 point to 52.4

The record-high reading for the electronics sector PMI since October 2014 was attributed to increases in key indicators of electronics new orders, new exports, factory output, inventory level and electronics employment.


CONDITIONS in Singapore's manufacturing sector continued to improve for the ninth straight month in May 2017, although at a slower rate than it did in April.

The overall Singapore Purchasing Managers' Index (PMI) - a leading indicator of manufacturing activity - stood at...

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