Singapore's private sector growth moderates in August amid U.S. tariffs

NAMPA / Xinhua
2025-09-03
SINGAPORE, Sept. 3 (Xinhua) -- Business conditions in Singapore's private sector saw modest improvement in August, with the seasonally adjusted Purchasing Managers' Index (PMI) registering 51.2, down from 52.7 in July, according to a report released Wednesday by S&P Global. A PMI reading above 50 indicates expansion, while a reading below 50 suggests contraction. The latest figure marks the seventh consecutive month of growth, though at a slow......
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