S’pore’s manufacturing sector remains a bright spot in the region

Quick Summary:

Electronics was the key driver, with its PMI reading coming in at 51.5 points, up from 51.3 in August.

Japan, China, South Korea, Malaysia, Indonesia and Vietnam felt the drop in industrial output most acutely.

The purchasing managers’ index (PMI), a barometer of the sector, rose to 51 points, up from 50.9 points in August.

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Article Details

Category: EconomyBusiness

Markets: SingaporeChinaIndonesiaJapanSouth KoreaMalaysiaPhilippinesTaiwanThailandVietnam

Topics: Singapore Noted Economist Global Manufacturing Electronics Growth Reading Data Points August

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-02 @ 21:01:00 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 651 words

Reading Time: 4 minutes read

Sentences: 24 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Straits Times

News ID: 22850077

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About The Straits Times

Main Topics: EconomyBusiness

Official Website: straitstimes.com

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