SINGAPORE, June 5 (Xinhua) — The seasonally adjusted S&P Global Singapore Purchasing Managers’ Index (PMI) posted 54.2 in May, up from 52.6 in April, marking continued improvement in private business conditions for 15 straight months, the S&P Global said Wednesday.
The rate of improvement was solid and above the long-run trend, it added.
Output growth accelerated in its 17th successive month of expansion