Bigger Pic: Business conditions in Singapore improve further in April

Jingyi Pan, Economics Associate Director, S&P Global Market Intelligence PMI Team discusses the latest readings signaling that business conditions continued to improve and at the fastest pace since last November. The headline seasonally adjusted S&P Global Singapore Purchasing Manager’s Index - a composite single figure indicator of performance – rose to 52.8 in April, up from 52.7 in March. Posting above the 50.0 no-change mark for a third successive month.

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