Singapore's Dec NODX up smaller 3.1% as electronic exports fall

SINGAPORE (Jan 17): Singapore's Non-oil Domestic Exports (NODX) for December 2017 grew 3.1% on-year, slower than the 9.1% increase in November 2017, reported IE Singapore this morning.

This was due to the increase in non-electronic exports, as electronics exports declined.

Non-electronic NODX increased by 6.8% in December 2017, following the 10.6% expansion in the previous month. Specialised machinery, non-electric engines & motors and measuring instruments increased by 32.9%, 124.7% and 18.3% respectively, contributing the most to the growth in non-electronic NODX.

---

Related Stories

• MAS set to hold monetary policy as inflation persists
• ‘I am innocent’: Iswaran rejects charges in statement
• F1 Singapore race has brought 'substantial benefits', contracts did not disadvantage govt: MTI

---