Singapore's private economy expanded for 14 consecutive months in April, with PMI at 52.6.

Singapore's private economy expanded for 14 consecutive months in April, with the S&P Global Singapore Purchasing Managers' Index at 52.6. New orders grew for 16 consecutive months, driven by better underlying demand conditions, and business sentiment improved. Although growth slowed slightly compared to March, the private sector remains above the 50 line, signaling ongoing expansion.

May 06, 2024
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