Albeit a 0.1-point dip from July’s 50.2 points, the metric remained in expansionary territory thanks to an improvement in new orders and stronger factory output growth.
Manufacturing sentiment in Singapore was in the green in August, making this its second month of expansion.
Data released by the Singapore Institute of Purchasing and Materials Management (SPIMM) on September 3 shows the republic’s Purchasing Manager’s Index (PMI) came in at 50.1 points.
