The private sector in Singapore continued to expand in May, and at a faster rate, the latest survey from S&P Global revealed, with a record high PMI score of 59.4. Thats up from 56.7 in April, and it moves further above the boom-or-bust line of 50. Record demand growth, spurred by the easing of COVID-19 restrictions in Singapore, drove an acceleration in the rate of expansion in business activity in May. Powered by Commodity Insights
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