News
ECONOMY, MANUFACTURING | Staff Reporter, Singapore
view(s)

Electronics PMI up to 53.6 in September

All indicators except employment went up.

The electronics sector Purchasing Managers' Index (PMI) rose 0.4 points to 53.6 in September.

According to the Singapore Institute of Purchasing & Materials Management (SIPMM), this is the highest recorded reading in seven years since July 2010.

All key indicators except for employment recorded a faster rate of expansion for the month.

Order backlog and stocks of finished goods had a slower rate of expansion.

The deliveries indicator contracted to 49.7 after expanding seven months.

Do you know more about this story? Contact us anonymously through this link.

Click here to learn about advertising, content sponsorship, events & rountables, custom media solutions, whitepaper writing, sales leads or eDM opportunities with us.

To get a media kit and information on advertising or sponsoring click here.