, Singapore

Economic activity slowed by 0.2 points in January 2011

Electronics dragged down the Purchasing Managers Index as it retreated for a second time by a sharper 1.4 points.

OCBC said the PMI also slowed for the second straight month to 50.5 although this is higher than the forecast of 50.3.

Electronics PMI went down from 52.2 to 50.8.

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