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Sept NODX trails forecasts; electronics expected to slow
Q3 volumes may have been "distorted" by the trade war, as companies frontloaded exports before tariff increases
Published Wed, Oct 17, 2018 · 09:50 PM
Singapore
GROWTH of Singapore's non-oil domestic exports (NODX) continued to push ahead in September, buoyed by favourable low base effects and an upswing in the volatile pharma sector.
But economists are not convinced that the export momentum can be sustained as the ongoing trade war could be muddying data. As such, the outlook for the next few months will be a lot less rosy, they warn.
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