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Non-oil domestic exports down 0.2% - worse than expected

Except for exports to the US, South Korea, Thailand and HK, shipments to all major markets decline

Published Wed, Jun 17, 2015 · 09:50 PM

Singapore

NON-OIL domestic export (NODX) performance in May appeared to be more in line with its growth trend in recent years, dipping 0.2 per cent.

Still, the year-on-year fall reported on Wednesday by trade promotion agency International Enterprise (IE) Singapore was worse than expected. Private-sector economists were looking at a 2.3 per cent increase.

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