Singapore’s November exports rise 3.4% y/y, stronger than forecast


SINGAPORE (Reuters) – Singapore’s non-oil home exports rose 3.4% in November from the identical month a yr earlier, knowledge on Tuesday confirmed, as shipments of electronics elevated whereas non-electronics declined.

The rise in contrast with a revised fall of 4.7% in October and a Reuters ballot forecast of a 0.7% drop.

On a month-on-month seasonally adjusted foundation, non-oil home exports rose 14.7% in November. 

Non-oil home exports to Taiwan, Hong Kong and Malaysia rose in annual phrases in November, whereas shipments declined to a few of Singapore’s different high markets, together with the USA, China and Japan, Enterprise Singapore mentioned in a press release.

admin

Share
Published by
admin

Recent Posts

‘Shattering blow’ to farmers over pause to environmental fee scheme

A "shattering blow" has been dealt to farmers with the sudden pausing for brand spanking…

8 minutes ago

Trump commerce battle expands globally as 25% tariffs on aluminium and metal take impact

Donald Trump's commerce battle has expanded to cowl the world, with 25% tariffs on all…

1 hour ago

Greenback on defensive as Trump tariffs gas financial worries

By Kevin Buckland TOKYO (Reuters) - The greenback languished close to a five-month low versus…

4 hours ago

Oil costs rise on weak greenback, however considerations over tariff affect cap beneficial properties

By Nicole Jao (Reuters) - Oil costs edged up early on Wednesday, helped by a…

4 hours ago

Oil Advances as US Joins Refrain Slashing World Glut Forecasts

(Bloomberg) -- Oil prolonged a acquire because the US reduce its forecast for a world…

5 hours ago

Billionaire Agarwal could put money into US oil service companies to develop Cairn output

By Ron Bousso HOUSTON (Reuters) - India's largest privately owned oil and gasoline firm Cairn…

6 hours ago