Singapore International Political Economy

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PMI Up in Singapore Economy

December 3rd, 2009 · No Comments

The Singapore economy saw the Singapore PMI (Purchasing Managers Index) up in November according to Xinhua.

The positive Singapore economic news announced an increase of 1.8 point to 52 which is welcome considering the Singapore PMI (Purchasing Managers Index) fell 6.7 percent in October.

A key driver of the rise is an increase in demand for electronics which contributes substantially to the Singapore economy.

Tags: Singapore Economy

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