SINGAPORE ECONOMY

June PMI falls to 3-year low; electronics contraction continues

At 49.6, it's at lowest since Aug 2016; new orders, factory output, inventory, employment all retreated

Singapore

SINGAPORE'S manufacturing sentiment worsened further in June, with the Purchasing Manager's Index (PMI) contracting for the second straight month, and the beleaguered electronics sector shrinking for the eighth month in a row, according to Wednesday's release by the Singapore

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