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Asian Economic News

Singapore Private Sector PMI Rises To 52.6 - Nikkei

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

The private sector in Singapore continued to expand in April, and at a faster rate, the latest survey from Nikkei showed on Thursday with a PMI score of 52.6.

That's up from 52.2 in March, and it moves further above the boom-or-bust line of 50 that separates expansion from contraction.

Individually, April saw the fastest rise in both output and total new orders.

Capacity pressures increased despite higher employment, while firms raised prices as cost inflation remained elevated.

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