FOREX TradingCharts.com

Financial News: Singapore Private Sector Accelerates In October - S&P

Singapore Private Sector Accelerates In October - S&P Global

11/02/2022 - 20:37:00 (RTTNews)

(RTTNews) - The private sector in Singapore continued to expand in October, and at a faster pace, the latest survey from S&P Global revealed on Thursday with a PMI score of 57.7.

That's up from 57.5 in September and it moves further above the boom-or-bust line of 50 that separates expansion from contraction.

With the PMI printing above the 50.0 neutral threshold for 23 months running, the latest headline reading was consistent with another improvement in Singapore's private sector economy. Moreover, the rate of sector expansion was among the strongest on record.

Private sector output growth hastened at the start of the fourth quarter, driven by an improvement in demand that was among the fastest on record. Better underlying demand and recovery from the COVID-19 effect boosted sales, according to panelists. Moreover, foreign demand rose at the fastest pace in five months, supported by new overseas client wins.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2022 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Philippines Industrial Production Rises; Jobless Rate Falls To 4.5% (06 min(s), 34 sec(s) ago)
(RTTNews) - The Philippines' industrial production index increased in October and the unemploy ...Full Story»

Italy Retail Sales Fall 0.4% In October (09 min(s), 34 sec(s) ago)
(RTTNews) - Italy's retail sales decreased in October after rebounding in the previous month, ...Full Story»

Will Germany Avoid A Recession On Industrial Resilience? (21 min(s), 34 sec(s) ago)
(RTTNews) - Germany industrial production dropped only slightly in October despite the sharp weakn ...Full Story»

Norway Industrial Production Falls For Second Month (50 min(s), 34 sec(s) ago)
(RTTNews) - Norway's industrial production fell for the second consecutive month in October as ...Full Story»

Swiss Jobless Rate Rises As Expected In November (01 hr(s), 29 min(s), 34 sec(s) ago)
(RTTNews) - Switzerland's unemployment rate increased slightly in November, in line with expec ...Full Story»

Thailand Inflation Slows On Food Price Fall (01 hr(s), 58 min(s), 34 sec(s) ago)
(RTTNews) - Consumer price inflation in Thailand eased for the third month in a row in November am ...Full Story»

UK House Prices Fall Most In Over 14 Years Amid Cost Of Living Crisis, Recession Worries (02 hr(s), 14 min(s), 34 sec(s) ago)
(RTTNews) - UK housing market continued to slow in November as house prices decreased for a third ...Full Story»

China Exports & Imports Hurt By Zero Covid Policy, Weaker Demand (03 hr(s), 23 min(s), 34 sec(s) ago)
(RTTNews) - China's exports and imports fell more than expected in November as strict Covid re ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Philippines Industrial Production Rises; Jobless Rate Falls To 4.5%

12/07/2022 - 04:49 AM (RTTNews)
(RTTNews) - The Philippines' industrial production index increased in October and the unemploy ...Full Story>>

Italy Retail Sales Fall 0.4% In October

12/07/2022 - 04:46 AM (RTTNews)
(RTTNews) - Italy's retail sales decreased in October after rebounding in the previous month, ...Full Story>>

Will Germany Avoid A Recession On Industrial Resilience?

12/07/2022 - 04:34 AM (RTTNews)
(RTTNews) - Germany industrial production dropped only slightly in October despite the sharp weakn ...Full Story>>

Norway Industrial Production Falls For Second Month

12/07/2022 - 04:05 AM (RTTNews)
(RTTNews) - Norway's industrial production fell for the second consecutive month in October as ...Full Story>>

Swiss Jobless Rate Rises As Expected In November

12/07/2022 - 03:26 AM (RTTNews)
(RTTNews) - Switzerland's unemployment rate increased slightly in November, in line with expec ...Full Story>>

Do not sell my personal information

Copyright © 2022. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.