Private-sector sluggishness stokes fears of stagnation
May's Nikkei Singapore PMI was at 50.1, after April's deterioration at 49.4
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Singapore
PRIVATE-SECTOR business conditions in Singapore did not improve much in May after they deteriorated in April, evoking fears among some economists of stagnating growth.
The Nikkei Singapore purchasing managers' index (PMI) for May was at 50.1, said Markit, a financial information services provider which compiled the data, on Friday.
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