Singapore's Jan non-oil domestic exports fall 25% y/y

Kitco Media
By Reuters
Published:
Updated:
Reuters
SINGAPORE, Feb 17 (Reuters) - Singapore's non-oil domestic exports (NODX) declined 25% year-on-year in January, led by falls in both electronics and non-electronic products. This was a steeper decline than the 20.6% year-on-year fall in December 2022 and compared with expectations for a 22.0% fall in a Reuters poll. On a month-on-month seasonally adjusted basis, NODX increased 0.9% in January, following December's 2.9% drop. (Reporting by Xinghui Kok Editing by Ed Davies)

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