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Export, trade growth eases in Q2; full-year growth forecast up

Singapore's non-oil domestic exports to all top 10 markets rise, except for EU, Hong Kong and US

Published Fri, Aug 11, 2017 · 09:50 PM

Singapore

GROWTH in Singapore's non-oil domestic exports (NODX) and total merchandise trade eased in the second quarter of this year but their performances so far are still better than expected, prompting the government to raise the full-year growth forecasts for both exports and trade.

NODX grew 2.7 per cent year on year in Q2 2017, slowing sharply from 15.3 per cent in the previous quarter, official figures released on Friday showed. Total trade in Q2 jumped 9.5 per cent, against 16.4 per…

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