Singapore's PMI manufacturing gauge hits a near 8-year high
Share this content
Singapore's PMI manufacturing gauge hits a near 8-year high(Updated: )
Singapore's manufacturing sector expanded again in November to record its highest reading in nearly eight years. The Purchasing Managers' Index (PMI) - an early indicator of manufacturing activity - came in at 52.9, an increase of 0.3 from the previous month, according to data released by the Singapore Institute of Purchasing and Materials Management (SIPMM) on Monday (Dec 4).