Thomson FX Hub
5 May 2008
SINGAPORE (Thomson Financial) - The Purchasing Managers' Index (PMI) continued to fall in April due to continued weakness in the manufacturing sector, which is reeling from falling exports, the Singapore Institute of Purchasing & Materials Management said Monday.
The overall manufacturing PMI fell to 49.3 points in April from 49.4 points in March, the institute said. A reading below 50 indicates a contraction.
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