SINGAPORE, Oct. 17 (BNA) Singapore’s domestic non-oil exports for September grew 3.1% year on year, official data showed on Monday, slower than the previous month, and forecasts were lost due to a decline in Chinese shipments. and Hong Kong markets.
Economists had expected growth of 7.1%. Reuters reported that exports grew 11.4 percent in August.
On a season-to-month basis, NODX is down 4%, according to Enterprise Singapore data, versus the previous month’s decline of 3.9%. Economists had expected a decline of 2.1%.
Electronic NODX stock fell 10.6% year over year in September, with integrated circuits, disc media products and PC parts down 12.0%, 42.7% and 22.3%, respectively.
Non-electronic NODX grew 7.6%, and pharmaceuticals, gauges and non-cash gold contributed the most to the growth.
MI