OCBC SME Index
SMEs across most industries continue to grow in Q3, except ICT
SMEs across most industries continue to grow in Q3, except ICT
Overall, SME performance improved to 50.8 from 50.2 in the OCBC index.
SME performance up in Q2 2024, but expert predicts a flat year
In Q2, the OCBC SME Index hit 50.2, ending five quarters of contraction.
OCBC SME Index: Which sectors excelled and lagged in 1Q24?
Overall, SMEs' performance and health remained in a state of contraction with a 49.7 reading.
OCBC SME Index: Which sectors are the best and worst performers of 4Q23?
Overall, SMEs' performance and health remained in a state of contraction with a 49.5 reading.
OCBC SME Index: Which sectors are the best and worst performers of 3Q23?
Overall, SMEs' performance and health remained in a state of contraction with a 49.6 reading.
OCBC SME Index: Which sector performed best in Q2?
The top sector's reading jumped to 52.8 in Q2 from 50.9 in Q1.
OCBC SME Index: Which sectors saw improved activity in Q1?
Expanding to 50.5, the index indicated improved activity amongst SMEs for the quarter.
Chart of the Day: OCBC SME Index expands for the fifth quarter in a row
This is despite contractions in the F&B, education, retail, and construction sectors.
SMEs post sharp recovery in the second quarter
The OCBC SME Index shoots by 8.3 points to 59.5 as small and medium-sized enterprises gain momentum.
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