Singapore's private sector activity picked up a bit of steam in August, the latest survey from Nikkei revealed on Thursday, with a PMI score of 50.8.
That's up from 50.2, and it moves further above the boom-or-bust line of 50 that separates expansion from contraction.
Among the individual components of the survey, output growth was down but continued to expand, while total new business stabilized as new export work gained. Payroll numbers declined fractionally.
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