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Singapore's NODX swing to growth first time in 14 months

Bloomberg
Bloomberg • 2 min read
Singapore's NODX swing to growth first time in 14 months
Official data Monday showed non-oil domestic exports grew 1% in November, slower than the median expectation for a 1.5% gain. Photo: Bloomberg
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Singapore’s exports returned to growth for the first time in more than a year, although it was hardly a sign of recovery in external demand.

Official data Monday showed non-oil domestic exports grew 1% in November, slower than the median expectation for a 1.5% gain in a Bloomberg survey. The expansion was mainly because of a low base in the year-ago period, according to Enterprise Singapore.

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