FOREX TradingCharts.com

Financial News: Singapore Private Sector Picks Up Steam In January

Singapore Private Sector Picks Up Steam In January - Markit

02/02/2021 - 19:55:00 (RTTNews)

(RTTNews) - The private sector in Singapore continued to expand in January, and at a faster pace, the latest survey from Markit Economics showed on Wednesday with a PMI score of 52.9.

That's up from 50.5 in December, and it moves further above the boom-or-bust line of 50 that separates expansion from contraction.

Demand improved which panel members linked to promotional efforts, client referrals and the easing of coronavirus disease 2019 (COVID-19) restrictions. New orders increased for the second month running with the rate of growth the strongest since June 2018.

Export levels at the start of the year were broadly unchanged, however. To cater for the growth in new orders, output rose at the sharpest rate since April 2019.

Respondents noted a cut in workforce numbers at the start of the year with voluntary resignations often cited. This extended the current period of reduction to 17 months.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Australia Private Capex Climbs 3.0% In Q4 (04 hr(s), 11 min(s), 26 sec(s) ago)
(RTTNews) - Private capital expenditure was up 3.0 percent on quarter in the fourth quarter of 202 ...Full Story»

South Korea Interest Rate Decision On Tap For Thursday (06 hr(s), 26 min(s), 26 sec(s) ago)
(RTTNews) - The Bank of Korea will wrap up its monetary policy meeting on Thursday and then announ ...Full Story»

U.S. New Home Sales Spike Much More Than Expected In January (13 hr(s), 36 min(s), 26 sec(s) ago)
(RTTNews) - Data released by the Commerce Department on Wednesday showed a much bigger than expect ...Full Story»

Latvia Jobless Rate Falls In Q4 (17 hr(s), 17 min(s), 26 sec(s) ago)
(RTTNews) - Latvia's unemployment rate decline in the fourth quarter, figures from the Central ...Full Story»

Croatia Consumer Prices Continue To Decline (17 hr(s), 36 min(s), 26 sec(s) ago)
(RTTNews) - Croatia's consumer prices continued to fall in January, figures from the Croatian ...Full Story»

Austria Manufacturing Sector Growth Fastest In 3 Years (17 hr(s), 42 min(s), 26 sec(s) ago)
(RTTNews) - Austria's manufacturing sector grew at the fastest pace in three years in February ...Full Story»

Slovenia Output Prices Rise In January (17 hr(s), 48 min(s), 26 sec(s) ago)
(RTTNews) - Slovenia's output prices rose in January, figures from the Statistical Office of t ...Full Story»

German GDP Growth Exceeds Estimate On Investment, Exports (19 hr(s), 07 min(s), 26 sec(s) ago)
(RTTNews) - The German economy grew more than initially estimated in the fourth quarter driven by ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Australia Private Capex Climbs 3.0% In Q4

02/24/2021 - 19:45 PM (RTTNews)
(RTTNews) - Private capital expenditure was up 3.0 percent on quarter in the fourth quarter of 202 ...Full Story>>

South Korea Interest Rate Decision On Tap For Thursday

02/24/2021 - 17:30 PM (RTTNews)
(RTTNews) - The Bank of Korea will wrap up its monetary policy meeting on Thursday and then announ ...Full Story>>

U.S. New Home Sales Spike Much More Than Expected In January

02/24/2021 - 10:20 AM (RTTNews)
(RTTNews) - Data released by the Commerce Department on Wednesday showed a much bigger than expect ...Full Story>>

Latvia Jobless Rate Falls In Q4

02/24/2021 - 06:39 AM (RTTNews)
(RTTNews) - Latvia's unemployment rate decline in the fourth quarter, figures from the Central ...Full Story>>

Croatia Consumer Prices Continue To Decline

02/24/2021 - 06:20 AM (RTTNews)
(RTTNews) - Croatia's consumer prices continued to fall in January, figures from the Croatian ...Full Story>>

Do not sell my personal information

Copyright © 2021. 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.