S’pore manufacturing sector joins regional race to get ahead of Trump’s proposed tariffs

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The Straits Times 2d ago

S’pore manufacturing sector joins regional race to get ahead of Trump’s proposed tariffs - The Straits Times

Quick Summary:

The purchasing managers’ index (PMI) rose to 51 points in November, up from 50.8 points a month ago.

She expects the first-quarter PMI data “to offer a better reading of the tea leaves and provide a clearer outlook for the new year”.“The Chinese economy has shown recent signs of stabilisation and improvement amid the constant feed of policy stimulus.

Meanwhile, economists The Straits Times spoke with attributed the bump in factory output to companies rushing to fulfil orders before Trump’s proposed tariff hikes take effect.