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Singapore’s manufacturing PMI rises marginally to 50.7 in December 2021

SINGAPORE, Jan. 4 (Xinhua) — The Singapore purchasing managers’ index (PMI), an early indicator of manufacturing activity, recorded a marginal increase of 0.1 points from the previous month to post a faster rate of expansion at 50.7 in December 2021.

The overall manufacturing sector has now recorded 18 months of consecutive expansion, Singapore Institute of Purchasing and Materials Management (SIPMM) said on Tu