SINGAPORE, Nov. 4 (Xinhua) -- Singapore's manufacturing Purchasing Managers' Index (PMI), a key early indicator of factory activity, edged down 0.1 point from September to 50 in October, according to the latest report released Monday night by the Singapore Institute of Purchasing and Materials Management.
A reading above 50 indicates expansion in the manufacturing sector, while a reading below 50 signals contraction.
The electronics sector PMI slipped 0.3 points to 50.4 in October, though it remained in expansionary territory for the fifth consecutive month.
The latest figures suggest a mild pullback for both manufacturing and electronics, said Chief Economist of OCBC Bank Selena Ling, noting that there has been a broad recovery trend since April, which marked the year-to-date low following U.S. tariff announcements.
She added that supplier deliveries and factory output had reverted to contraction, while future business expectations also stayed in negative territory, pointing to "some warning signs for slowing momentum ahead." ■
