Private sector business in Singapore continued to expand in January, and at a faster rate, the latest survey from HIS Markit revealed on Wednesday with an eight-month high PMI score of 51.4.
That's up from 51.0 in December, and it moves further above the boom-or-bust line of 50 that separates expansion from contraction.
Individually, stronger domestic demand supported faster growth in activity.
Exports continued to fall sharply amid economic weakness in Asia as geopolitical instability continued to dampen business confidence.
The material has been provided by InstaForex Company - www.instaforex.com
source http://www.mt5.com/forex_news/quickview/2151157/
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