S'pore exports up 9.1% in February, beating forecast

[SINGAPORE] Last month's non-oil domestic exports (NODX) were stronger than expected, but most private-sector economists don't see the surge being repeated in the coming months.

The NODX recovered from January's 3.3 per cent on-year fall to grow 9.1 per cent in February, beating the market's growth forecast of 7.1 per cent, trade promotion agency International Enterprise (IE) Singapore said yesterday.

Month on month, the NODX sprang back from a seasonally adjusted 5.0 per cent drop to surge 7.2 per cent, exceeding private-sector economists' projection of a 2.5 per cent rise.