March exports surge 17.6% but economists see more gloom ahead
Enterprise Singapore, which released the data, says March performance due to low base a year ago from US-China trade war
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Singapore
SINGAPORE'S exports grew by a surprising 17.6 per cent in March, defying the odds of a coronavirus-led slowdown, but economists believe this good showing is unlikely to continue into April and beyond.
The jump in March's non-oil domestic exports (NODX) has dramatically exceeded private-sector economists' expectations. They had predicted a contraction of 8 per cent, according to a Bloomberg poll.
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