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Singapore non-oil exports recover to rise 11.8% in April, but electronics shipments continue to slide

byCT Report
17/05/2018
in Uncategorized
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SINGAPORE – After shrinking for two straight months, Singapore’s non-oil domestic exports returned to growth in April as rising non-electronic exports outweighed a slide in electronics shipments.

Non-oil domestic exports (Nodx) surged 11.8 per cent in April, blowing past economist estimates of a 7.3 per cent increase.

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This followed from a 3.2 per cent decline in March and a 6 per cent fall in February.

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