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Singapore Manufacturing Purchasing Managers Index rose slightly to 50.8 in June_Securities Times

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Singapore Manufacturing Purchasing Managers Index rose slightly to 50.8 in June

2021-07-02 22:00

Source: Securities Times

Author: Song Tenghu

Securities Times

Song Tenghu

2021-07-02 22:00

According to the Xinhua Finance News on July 2, Singapore’s Purchasing and Materials Management Institute’s latest June Singapore Manufacturing Purchasing Managers’ Index (PMI) rose 0.1 point, rising from 50.7 in May to 50.8, the 12th consecutive year. More than 50 points per month. According to local media reports, the increase in Singapore’s manufacturing PMI in June was due to the acceleration of the growth of new orders, factory output and labor. Among them, the employment index increased for the fourth consecutive month, reaching 50.5.

Disclaimer: The Securities Times strives for truthful and accurate information. The content mentioned in the article is for reference only and does not constitute substantive investment advice. The operation is at your own risk.

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