LSE.co.uk, 5 May 2009
SINGAPORE, May 5 (Reuters) - Singapore's purchasing managers' index, a leading indicator for manufacturing, continued to inch up in April amid new export orders, signalling the potential end of an eight-month long contraction might be coming.
The Singapore Institute of Purchasing & Materials Management said on Tuesday its purchasing managers' index stood at 49.2 in April, a steady climb from 47.1 in March and 45.0 in February.
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