Global Economic News

Singapore Manufacturing Sector Slows In July - Nikkei

The manufacturing sector in Singapore continued to expand in July, albeit at a slower pace, the latest survey from Nikkei showed on Wednesday with a manufacturing PMI score of 50.7.

That's down from 52.3 in June, although it remains above the boom-or-bust line of 50 that separates expansion from contraction.

Individually, there was weaker expansion in output and new business, while new export sales continued to fall sharply.

Staff numbers and purchasing activity both fell slightly.

by RTTNews Staff Writer

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