Singapore factory activity edges into expansion in September as electronics sustains growth
Overall purchasing managers’ index inches up 0.1 point to 50.1
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[SINGAPORE] The Republic’s overall factory activity edged into expansion territory in September, holding steady amid a patchy regional manufacturing performance.
Singapore’s purchasing managers’ index (PMI) inched up 0.1 point to 50.1 in September, a slight increase from the month before. A reading above 50 indicates expansion.
Meanwhile, the electronics sector PMI gained 0.3 point to 50.7 in September, compared to a reading of 50.4 in the month prior.
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