Manufacturing sentiment in Singapore stayed optimistic in April for the tenth consecutive month.

Data released by the Singapore Institute of Purchasing and Materials Management (SIPMM) showed a 0.1 point increase in the republic’s Purchasing Managers’ Index (PMI) to 50.9.

This follows the 50.8 point expansion logged in the month before and marks the highest level the metric has been at since December 2018, when the PMI was 51.1.

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