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2018.09.0420:55:00UTC+00Singapore PMI Slips To 51.1 In August - Nikkei

The business sector in Singapore continued to expand in August, albeit at a slower pace, the latest survey from Nikkei revealed on Wednesday with a PMI score of 51.1.

That's down from 53.0 in July, although it remains well above the boom-or-bust line of 50 that separates expansion from contraction.

Individually, there was slower expansion in both output and new orders, while export sales fell further.

Business confidence improved to a one-year high.

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