SINGAPORE’S overall factory activity improved modestly in January but remained in contraction territory for the fifth straight month, lagging behind regional peers. The Purchasing Managers’ Index (PMI) inched up 0.1 point to 49.8 last month, data from the Singapore Institute of Purchasing and Materials Management (SIPMM) showed on Thursday (Feb 2). A reading below 50 indicates contraction from the previous month; one above 50 means growth. Electronics sector PMI edged up 0.2 point to 49.1 in January, marking the sixth consecutive month of contraction.   https://www.businesstimes.com.sg/singapore/singapore-pmi-inches-january-remains-contraction-5th-straight-month (ICE SINGAPORE)

Fonte notizia: The Business Times, 2 February 2023