Sentiment around Singapore’s manufacturing sector remained buoyant in June for the twelfth consecutive month.

Data released by the Singapore Institute of Purchasing and Materials Management (SIPMM) showed a 0.1 increase in the republic’s Purchasing Managers’ Index (PMI) to 50.8.

The PMI index is a key barometer indicating a nation’s manufacturing activity. A reading above 50 indicates an expansion in output, while that below 50 points to an industry shrinkage.

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