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Factory activity in Singapore rises to four-month high

Published on Mar 3, 2014 10:04 PM
 

Singapore's factory activity hit a four-month high last month, as the local manufacturing sector continued to recover despite some weakness across the region.

The latest Purchasing Managers' Index (PMI), released on Monday night, rose to 50.9, the highest level since October last year.

This was up from 50.5 in January. A reading above 50 indicates growth.

New orders and new export orders here continued to expand last month, although by less than in January.

 
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