Singapore’s manufacturing sector expanded in June after three months of contraction, the latest survey of purchasing managers showed, suggesting the economy may be recovering as the impact of the deadly Severe Acute Respiratory Syndrome (SARS) outbreak fades.
The Singapore Purchasing Managers Index (PMI) climbed to 50.8 in June, up 1.4 points from May, helped by a pick-up in new orders and a rise in production.
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