Singaporean companies in May continued to expand, though the pace of growth eased from April, S&P Global said Thursday.
The latest S&P Global Singapore Purchasing Manager's Index, which measures the health of the private sector economy, came in at 56.7, compared with 57.9 in the previous month.
The reading matched March's level and marked the joint-weakest improvement in business conditions so far this year, although it remained firmly in expansion territory.
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