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SMEs in expansionary mode for 4 straight quarters: OCBC
According to the OCBC SME Index, the Q4 2021 Index came in at 52.6, marking 4 consecutive quarters of expansion. A reading above 50 indicates improved activity, while below 50 indicates a deterioration relative to the same period a year ago.
The index was at 53.6 in Q3 2021 and at 59.5 in Q2 2021.
