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Singapore Private Sector Picks Up Steam - Nikkei

The private sector in Singapore continued to expand in November, and at a faster rate, the latest survey from Nikkei showed on Wednesday with a PMI score of 53.8.

That was up from 52.6 in October, and it moved farther above the boom-or-bust line of 50 that separates expansion from contraction.

Individually, domestic and overseas demand conditions improved, supporting stronger growth in output.

In addition, employment jumped at its fastest race in eight years.

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