Singapore September exports fall 4.8%, better than forecasts

Non-oil domestic exports last month slid 4.8 percent from a year earlier, the trade agency International Enterprise Singapore (IE Singapore) said in a statement on Monday.
  • Language
  • App
  • Subscriptions
  • Specials
  • Sign-In
  • Register
GeStepAhead GrowMyMoney IThe Winning Leap SME Special
Moneycontrol

Home » News » World News

Oct 17, 2016, 08.27 AM | Source: Reuters

Singapore September exports fall 4.8%, better than forecasts

Non-oil domestic exports last month slid 4.8 percent from a year earlier, the trade agency International Enterprise Singapore (IE Singapore) said in a statement on Monday.

Like this story, share it with millions of investors on M3

Singapore September exports fall 4.8%, better than forecasts

Non-oil domestic exports last month slid 4.8 percent from a year earlier, the trade agency International Enterprise Singapore (IE Singapore) said in a statement on Monday.

Post Your Comments

Share Cancel

Singapore September exports fall 4.8%, better than forecasts
Singapore's exports in September fell less than expected as a decline in shipments to China moderated and sales to Europe rebounded, but the outlook for the trade-dependent economy remained grim on sluggish global demand.

Non-oil domestic exports last month slid 4.8 percent from a year earlier, the trade agency International Enterprise Singapore (IE Singapore) said in a statement on Monday.

The median forecast in a Reuters poll was for a 6.0 percent contraction.

In August, overseas sales stalled with shipments to the United States picking up and exports to China falling less than the previous month.

On a month-on-month, seasonally adjusted basis, non-oil domestic exports increased 2.4 percent in September, IE Singapore said, beating a forecast 1.5 percent expansion in the survey.

Buy, Hold, Sell ? Hear it first on M3
Singapore September exports fall 4.8%, better than forecasts

See all

Get started using your favorite social network

or

Login using moneycontrol ID

Username
Password

Need help logging in? Reset password.

Don´t have an account? Sign Up

Get started using your favorite social network

or

Simply sign up using this short form

* mandatory

UserName*

Username should be atleast 4 character

Password*

Password should be 8 or more characters,
atleast 1 number, 1 symbol & 1 upper case letter

Alert

Your Password should contain
  • 8 or more characters
  • At least 1 number
  • At least 1 symbol
  • At least 1 upper case letter
Confirm Password*
Email
Already have an account? Login