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Whole-economy PMI slumps to 49.4 in April

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Published Thu, May 5, 2016 · 09:50 PM

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    Deteriorating conditions

    Singapore

    SINGAPORE'S economy could be off to a soft start in the second quarter of 2016.

    In a sharp about-turn, the whole-economy purchasing managers' index (PMI) fell to 49.4 in April - a drop from March's 52.0 reading, and the first contraction in almost a year.

    Singapore economySingapore manufacturing

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