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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

Published Wed, Oct 17, 2018 · 09:50 PM

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.

Singapore's non-oil domestic exports (NODX) grew by 8.3 per cent last month, pickin…

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