Manufacturing sentiment in Singapore continued to improve for the ninth consecutive month in March.
Data released by the Singapore Institute of Purchasing and Materials Management (SIPMM) shows a 0.3 point increase in the republic’s Purchasing Managers’ Index (PMI) to 50.8.
This follows the 50.5 point expansion logged in the month before and marks the highest level the metric has been at since March 2019 when the reading was also 50.8.
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