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Singapore PMI Climbs To 55.4 In November - Nikkei

The private sector in Singapore continued to expand in November, and at an accelerated rate, the latest survey from Nikkei showed on Tuesday with a PMI score of 55.4.

That's up from 54.2 in October, and it moves further above the boom-or-bust line of 50 that separates expansion from contraction.

Individually, there was strong expansion in both output and new orders, while export growth remained high.

Despite higher employment, there was another increase in backlogs of work.

by RTTNews Staff Writer

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