Singapore Company PMI Falls Into Contraction – Nikkei

By | October 3, 2018

The private sector in Singapore slipped into contraction in September, the current survey from Nikkei exposed on Wednesday with a PMI rating of 49.6.

That’s below 51.1 in August, and it falls underneath the boom-or-bust line of 50 that separates expansion from contraction.

Individually, there were sharp declines in both output and brand-new orders – while export sales also toppled even more.

The study also showed that companies raised charges once again, regardless of lower input costs.

The material has actually been offered by InstaForex Business – www.instaforex.com

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