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
DeeperDive is a beta AI feature. Refer to full articles for the facts.
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.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Ministry of Home Affairs Permanent Secretary Pang Kin Keong to retire
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result