News Room - Business/Economics

Posted on 17 Oct 2011

Singapore Sept exports worse than expected

Singapore's nonoil domestic exports (NODX) fell by a largerthanexpected seasonally adjusted 9.3 percent in September from August as electronics continued to decline.

 

From a year ago, the citystate's key exports fell 4.5 percent from a year ago.

 

Economists had predicted Singapore's nonoil domestic exports would fall 2.9 percent monthmonth but rise 2.3 percent from a year ago.

 

KEY POINTS (Percentage change, year on year):

 

Month

Sept

Aug

Jul

Jun

May

Apr

NODX

4.5

3.9

2.9

1

7.1

2

Electronics

13.6

19.4

16.9

17.2

15.2

10.5