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Singapore’s manufacturing PMI declines to 50.6 in January

SINGAPORE, Feb. 3 (Xinhua) — The Singapore purchasing managers’ index (PMI), an early indicator of manufacturing activity, has recorded a marginal decrease of 0.1 points from the previous month to post a slightly slower rate of expansion at 50.6 in January.

The overall manufacturing sector has now recorded 19 months of consecutive expansion, said the Singapore Institute of Purchasing and Materials Management (S