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Financial News: Singapore PMI Climbs To Three-Month High - Nikkei

Singapore PMI Climbs To Three-Month High - Nikkei

04/02/2019 - 20:47:00 (RTTNews)

(RTTNews) - The private sector in Singapore climbed back into expansion territory in March, the latest survey from Nikkei revealed on Wednesday with a three-month high PMI score of 51.8.

That's up from 49.8 in February, and it moves above the boom-or-bust line of 50 that separates expansion from contraction.

Individually, there was stronger growth in output and new orders, and there was a renewed increase in input costs that prompted selling prices to rise.

Businesses maintained an optimistic year-forward outlook.

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