Singapore Manufacturing Expanded at Faster Pace in Sept

By Ronnie Harui

SINGAPORE--Singapore's manufacturing expanded at a slightly faster pace in September compared with August, helped by growth in new orders.

The city-state's purchasing managers' index rose to 50.3 in September from 50.1 in August, according to the Singapore Institute of Purchasing and Materials Management.

A PMI reading above 50 indicates an expansion in manufacturing. The institute said the subindexes for new orders, exports and factory output all showed higher levels of activity.

The PMI for electronics, which accounts for about one-third of Singapore's manufacturing, rose 0.3 points to 50.9 in September from 50.6 in August, the institute said.

Write to Ronnie Harui at [e-mail]

(END) Dow Jones Newswires

10-05-20 0004ET