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SINGAPORE ECONOMY

2019 growth forecasts for NODX, trade pared back

The downgrades come after Q3 NODX and total trade fall 9.6 per cent and 6.7 per cent respectively

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NODX shipments to Singapore's top 10 markets - except China - slipped. NODX exports to China jumped 17.1 per cent in Q3; those headed to Japan slipped by nearly a third (-32.6 per cent).

Singapore

AS NON-OIL domestic exports (NODX) tumbled for a fourth straight quarter in July-September, the government has further trimmed its 2019 growth forecast for the NODX to -10.0 to -9.5 per cent from a year ago.

It has also downgraded this year's growth forecast for total...

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