Economic Buzz: Singapore Non-Oil Domestic Exports Drops 3.7% In October

17 Nov 2022 , 12:55 PM

The value of non-oil domestic exports in Singapore was down a seasonally adjusted 3.7 percent on month in October, Statistics Singapore said on Thursday – coming in at SGD15.9 billion. On a yearly basis, NODX was down 5.6 percent – again missing forecasts for a decline of 0.6 percent after rising 3,1 percent a month earlier. On a yearly basis, total trade increased 8.6 percent in October, easing from the 20.7 percent expansion in the preceding month. Total exports rose 6.3 percent and total jumped 11.1 percent.Powered by Commodity Insights