SINGAPORE (Oct 15): Singapore's non-oil exports in September likely increased from a year earlier at a slower pace than in August due to a global economic slowdown, a Reuters poll showed on Wednesday.
Overseas shipments in September are estimated to have risen 2.6 percent from a year earlier, according to a survey of 15 economists. That compares to a 6.0 percent growth in August and a 3.3 percent decrease in July.
On a month-on-month and seasonally adjusted basis, exports in September were forecast to have fallen 4.0 percent, the first such contraction since May. In August, overseas shipments grew a seasonally adjusted 7.6 percent from the previous month.
Singapore's manufacturing activity expanded in September, while factory sector across much of Asia tumbled, denting hopes for a pickup in the global growth this year.
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