Singapore Private Sector Accelerates In March - Nikkei

The private sector in Singapore continued to expand in March, and at a faster rate, the latest survey from Nikkei revealed on Wednesday with a PMI score of 52.2.

That's up from 51.4 in February, and it moves further above the boom-or-bust line of 50 that separates expansion from contraction.

Among the individual components, there were faster rises in both output and total new orders.

Business sentiment turned positive, while firms enacted modest price hikes despite sharp increases in costs.

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