Singapore NODX disappoints again with 3.3% slide

Singapore

THERE were clearly still no sign that Singapore's exports have turned the corner as its key non-oil domestic shipments in November slipped 3.3 per cent year on year.

According to private-sector economists, non-oil domestic exports (NODX) were supposed to have risen 1.5 per cent after a 0.5 per cent slip - now revised to flat growth - in October. Things have worsened instead.