Singapore’s non-oil domestic exports decreased for the second straight month in March, data from Enterprise Singapore showed on Wednesday.
Non-oil domestic exports slumped 20.7 percent year-over-year in March, much faster than the 0.2 percent slight fall in the previous month.
The decline was driven largely by non-electronics, including pharmaceuticals, and electronics also declined.
Electronics exports dropped 9.4 percent in March from last year, and non-electronics shipments contracted 23.6 percent.
On a monthly basis, NODX declined 8.4 percent in March, following a 4.9 percent decline in the preceding month. Both electronic and non-electronic domestic exports decreased.
For comments and feedback contact: editorial@rttnews.com
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.