Singapore Non-Oil Domestic Exports Rise In July

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Monday, the International Enterprise Singapore said non-oil domestic exports increased 6.1% in July from the prior month compared to 5% drop in June. On a yearly basis, NODX dropped 8.5% in July, following June's 11% decrease. Economists had expected an annual fall of 11.3% for July.

Meanwhile, non-oil re-exports or NORX increased 6.1% in July, in contrast to the 1.8% decline in the previous month, due to a rise in both electronic and non-electronic NORX.

(Market News Provided by RTTNews)