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Financial News: Singapore Private Sector Accelerates In September - Nikkei

Singapore Private Sector Accelerates In September - Nikkei

10/03/2017 - 20:46:00 (RTTNews)

(RTTNews) - The private sector in Singapore continued to expand in September, and at a faster pace, the latest survey from Nikkei revealed on Wednesday with a PMI score of 53.7.

That's up from 53.2 in August, and it moves further above the boom-or-bust line of 50 that separates expansion from contraction.

Individually, there were faster rises in both new orders and output, while export growth hit a record high.

Backlogs rose again despite additional staff numbers.

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