Singapore PMI Moves Up To 51.3 In July - Nikkei

The private sector in Singapore continued to strengthen in July, the latest survey from Nikkei showed on Thursday with a PMI score of 51.3.

That's up from 50.7 in June, and it moves farther above the boom-or-bust line of 50 that separates expansion from contraction.

Individually, there were stronger rises in both output and total new orders.

Export sales increased at a record high, although lower employment persisted.

News are provided by InstaForex