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Singapore’s manufacturing PMI decreases to 50.6 in November

SINGAPORE, Dec. 2 (Xinhua) — Singapore Institute of Purchasing and Materials Management (SIPMM) announced on Thursday evening that the Singapore purchasing managers’ index (PMI), an early indicator of manufacturing activity, recorded a decrease of 0.2 points from the previous month to post a slower rate of expansion at 50.6.

This was due to slowing growth posted across most manufacturing sectors, said the SIPMM