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Singapore's PMI comes in flat in October; economists caution of 'emerging signs' of further slowdown

Amala Balakrishner
Amala Balakrishner11/3/2021 01:12 PM GMT+08  • 4 min read
Singapore's PMI comes in flat in October; economists caution of 'emerging signs' of further slowdown
Sentiment around Singapore’s manufacturing sector came in flat in October, after two consecutive months of easing.
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Sentiment around Singapore’s manufacturing sector came in flat in October, after two consecutive months of easing.

Data released by the Singapore Institute of Purchasing and Materials Management (SIPMM) showed that the republic’s Purchasing Manager’s Index (PMI) came in at 50.8, unchanged from the reading in the month before.

October marks the 16th month of expansion in the metric.

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