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SINGAPORE: PMI’s Still Firmly in Expansion.

SINGAPORE
  • Singapore’s S&P Global PMI came in at 56.6 today.
  • Whilst down from August’s print of 57.6, it still remains firmly in expansion.
  • Some of Singapore’s SE Asian peers have seen their PMI’s contract.
  • One of Asia’s most open economies is often a good indicator for the rest of the region and today’s release could be something to watch as an indicator for activity more broadly. 
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  • Singapore’s S&P Global PMI came in at 56.6 today.
  • Whilst down from August’s print of 57.6, it still remains firmly in expansion.
  • Some of Singapore’s SE Asian peers have seen their PMI’s contract.
  • One of Asia’s most open economies is often a good indicator for the rest of the region and today’s release could be something to watch as an indicator for activity more broadly.