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Singapore’s manufacturing PMI further declines to 50.2 in Feb.

SINGAPORE, March 2 (Xinhua) — The Singapore purchasing managers’ index (PMI), an early indicator of manufacturing activity, recorded a decrease of 0.4 points from the previous month to post a slower rate of expansion at 50.2 in February.

The overall manufacturing sector has now recorded 20 months of consecutive expansion, said the Singapore Institute of Purchasing and Materials Management on Wednesday.

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