Singapore Private Sector PMI Slows In December - Nikkei

The private sector in Singapore continued to expand in December, albeit at a slower pace, the latest survey from Nikkei revealed on Thursday with a PMI score of 52.0.

That's down from 52.8 in November, although it remains well above the boom-or-bust line of 50 that separates expansion from contraction.

Individually, expansion in both output and total new orders continued at slower rates, although employment climbed at a survey record pace.

December also saw the largest recorded monthly increase in changes amid rising costs.

News are provided by InstaForex