Exports rise 0.9% in April, defy forecast of 3.4% fall

Singapore

NON-OIL domestic exports (NODX) kicked off the second quarter with a stronger-than-expected performance, and some economists expect this to continue in coming months as the global economy picks up.

NODX crept up 0.9 per cent from a year ago in April, defying the market's prediction of a 3.4 per cent decline. Last month's rise came on the heels of a 6.6 per cent drop in March.