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.
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