Singapore's private sector growth softens in November: S&P Global

SINGAPORE, Dec. 4 (Xinhua) -- Singapore's private sector saw a moderation in growth, with the seasonally adjusted Purchasing Manager's Index (PMI) easing to 53.9 in November from 55.5 in October, according to a report by S&P Global published Wednesday.

While a PMI above 50 indicates expansion, November's reading marks the 21st consecutive month of improved business conditions in the private sector, though at the