|
 |
|
Source:
www.sipmm.org.sg |
|
JUNE PMI expanded further at
52.7 |
|
- The electronics index
reverted to contraction at 48.2 |
|
|
The JUNE reading of the Singapore Purchasing
Managers¡¯ Index (PMI) indicated that the manufacturing economy expanded
for the 3rd consecutive month. |
|
The PMI posted a reading of 52.7, which is
an increase of 0.4 point over the previous month. |
|
The increase of the overall PMI was
attributed to an increase in new orders and new export orders, higher
production output and inventory level. |
|
Whilst the overall employment index reverted
to a contraction, the overall stocks of finished goods and input prices
continued to expand. The imports index contracted for the second month
after recording expansion in the earlier month. |
|
 |
|
In the electronics sector, the index posted
a decline of 4.6 points, to revert to a contraction at a reading of
48.2, after recording an expansion in the previous month. |
|
The contraction in the electronics PMI was
attributed to a decline in new orders and new export orders. |
|
In addition, the sector recorded
contractions in production output, input prices as well as stocks of
finished goods. |
|
The electronics inventory and imports
continued to contract while the employment index reverted to a
contraction after recording expansion over 7 consecutive months. |
|
 |
|
A reading of the Singapore Purchasing
Managers¡¯ Index above 50 indicates that the manufacturing economy
is generally expanding and that the economy is generally declining
when the reading falls below 50. |
|
Source:
www.sipmm.org.sg News July
2006 |
|
 |
|
Important
Notice |
|
Our FrontPage
Editions are a historical record of our Web site and reflect
the changing of the times, and also of our Web site through
time. We do not and will not update the links and stories on
these FrontPages even if they have become obsolete. |
|
FrontPage Edition: Wed 12 July 2006
All rights reserved
