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The private sector in Singapore slipped into contraction in September, the latest survey from Nikkei revealed on Wednesday with a PMI score of 49.6.
That's down from 51.1 in August, and it falls beneath the boom-or-bust line of 50 that separates expansion from contraction.
Individually, there were sharp declines in both output and new orders - while export sales also tumbled further.
The survey also showed that firms raised charges again, despite lower input costs.