empty
 
 

2019.09.0321:05:00UTC+00Singapore PMI Falls Into Contraction

The private sector in Singapore slipped into contraction in August, the latest survey from HIS Markit revealed on Wednesday with a PMI score of 48.7.

That's down from 51.0 in July, and it falls beneath the boom-or-bust line of 50 that separates expansion from contraction.

Individually, business activity was impacted by soft demand conditions. Firms tapered their input purchasing and employment growth eased.

The survey's outlook for the coming year remained subdued.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In April we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback