Sept NODX trails forecasts; electronics expected to slow
Q3 volumes may have been "distorted" by the trade war, as companies frontloaded exports before tariff increases
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
GROWTH of Singapore's non-oil domestic exports (NODX) continued to push ahead in September, buoyed by favourable low base effects and an upswing in the volatile pharma sector.
But economists are not convinced that the export momentum can be sustained as the ongoing trade war could be muddying data. As such, the outlook for the next few months will be a lot less rosy, they warn.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Ministry of Home Affairs Permanent Secretary Pang Kin Keong to retire
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
