Singapore Sept exports rise 5.9% y/y, slower than forecasts

  • 📰 YahooSG
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 71%

Technology Technology Headlines News

Technology Technology Latest News,Technology Technology Headlines

Singapore's September non-oil domestic exports rose 5.9% from a year earlier, driven mainly by electronics shipments.

SINGAPORE, Oct 16 - Singapore's September non-oil domestic exports rose 5.9% from a year earlier, driven mainly by electronics shipments, official data showed on Friday, but were slower than forecasts.

That compared with a 7.7% increase in August, and lower than the 10.8% rise forecast by economists in a Reuters poll.On a seasonally adjusted month-on-month basis, exports contracted 11.3% in September after a 10.5% rise in the previous month, Enterprise Singapore said in a statement. The pace of drop was the steepest since March 2019.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in TECHNOLOGY

Technology Technology Latest News, Technology Technology Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Singapore's exports rise 5.9% in September, slower than forecastsSINGAPORE: Singapore's September non-oil domestic exports (NODX) rose 5.9 per cent from a year earlier, driven mainly by electronics shipments, ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »