Singapore NODX continues to slump in November amid decline in electronic exports

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SINGAPORE (Dec 17): Singapore’s non-oil domestic exports (NODX) contracted 5.9% year-on-year in November, as a decline in electronic exports outweighed the growth in non-electronics. 

According to data released on Tuesday by trade agency Enterprise Singapore, this marks the ninth consecutive month of a decline in the city-state’s NODX, albeit slightly better than October’s 12.5% decline. 

On a month-on-month basis, NODX grew by 5.8%, following the previous month's 3.1% decrease. This came on the back of increases in...(click on link for full story on theedgesingapore.com)