Singapore exports fall for the seventh month

Singapore Non-oil domestic exports (NODX) data for September down for the seventh straight month 

NODX last month fell 8.1% year-on-year (Reuters poll had the central estimate at -7.0%)

  • electronics shipments -24.8%

On a seasonally adjusted month-on-month basis, exports fell 3.3% in September 

  • expected -3.0%
  • +6.7% in the previous month

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