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Revisions

Manufacturing expands at slower pace in Feb on sluggish electronics sector

Reuters Published on Fri, Mar 03, 2017 / 7:23 AM GMT+8

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SINGAPORE (March 3): Factory activity in Singapore expanded for the sixth straight month in February but at a slower pace due to weaker new orders and exports, a survey showed on Thursday.

The Singapore Institute of Purchasing & Materials Management's Purchasing Managers' Index (PMI) eased to 50.9 from a two-year high of 51.0 in January.

A reading below 50 suggests contraction, while one above that level points to expansion.

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