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Sept y-o-y NODX falls again, but improves on August showing

A recovery in both manufacturing and exports will hinge on a US-China trade deal, say economists

Sharon See

Published Thu, Oct 17, 2019 · 09:50 PM

Singapore

SINGAPORE'S non-oil domestic exports (NODX) continued to fall in September, mainly due to lower exports to Europe, the United States and Japan, but showed a slight improvement over August and the five months of double-digit declines before that.

NODX fell 8.1 per cent year on year last month, following a 9 per cent drop in August, Enterprise Singapore said on Thursday. Both electronics and non-electronics exports declined.

Electronic exports contracted 24.8 per ce…

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