Wednesday, January 5, 2011

Economy

Economy: the latest purchasing mgr’s index (PMI) at 50.7, shows that Spore’s manufacturing economy grew a 3rd straight month in Dec but at a slower rate. Lower levels of new orders and export orders, as well as less pdtn output, inventory and imports all contributed to last month's dip. Economists say that mnftg growth in the coming months could be dampened by inflationary pressures and global supply disruptions.

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