Non-oil domestic exports grew 6.9% in September
Singapore's key exports increased 6.9 per cent on-year, surpassing analysts' forecasts. The jump follows a contraction of 11.5 per cent the previous month. This is due to a sharp rise in electronics shipments. Tay Qi Hang, Asia Analyst at the Economist Intelligence Unit, discusses if the expansion is a sustained upswing or a one-time rebound.
Singapore's key exports increased 6.9 per cent on-year, surpassing analysts' forecasts. The jump follows a contraction of 11.5 per cent the previous month. This is due to a sharp rise in electronics shipments. Tay Qi Hang, Asia Analyst at the Economist Intelligence Unit, discusses if the expansion is a sustained upswing or a one-time rebound.