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Domestic consumption perks up in June, but how long will it last?

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Published Tue, Jul 5, 2016 · 09:50 PM
    June improvement

    Singapore

    A STRONG boost from domestic consumption in June helped shake off fears of a slowdown in Singapore's private-sector economy, but economists are wondering how sustainable this upswing will be.

    June's Nikkei purchasing manager's index (PMI) for Singapore's private sector, released on Tuesday, was at 52.3, a leap from May's 50.1.

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