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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

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).


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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