Decline in Singapore's non-oil domestic exports deepened in November

Decline in Singapore's non-oil domestic exports deepened in November
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SINGAPORE (Dec 17): Singapore’s non-oil domestic exports (NODX) remained in the red in November, following a slowdown in both non-electronics and electronics shipments.

Official figures released by trade agency Enterprise Singapore (ESG) today showed that NODX was down 4.2% year-on-year (y-o-y), deepening from the 3.1% contraction registered the month before.

November’s showing was worse than the 0.3% growth estimated by private-sector economists in a Bloomberg poll ... (click on link for full story on theedgesingapore.com).