The private sector in Singapore continued to expand in January, albeit at a slower pace, the latest survey from Nikkei revealed on Friday with a PMI score of 51.6.
That's down from 52.0 in December, although it remains well above the boom-or-bust line of 50 that separates expansion from contraction.
Individually, output and total new orders both expanded at slower rates, although strong job growth gave the index a boost.
Firms raised their prices at a record pace amid rising cost inflation.
For comments and feedback: editorial@rttnews.com