You are here: Home » Reuters » News
Business Standard

Singapore exports shrink again in May but electronics hold up

Reuters  |  SINGAPORE 

By Fathin UngkuSINGAPORE (Reuters) - Singapore's exports shrank for a second straight month in May, though electronics shipments continued to grow solidly to support an economy that wobbled in the first quarter and faces risks from deleveraging in major trading partner China.Non-oil domestic exports (NODX) from the city state dropped 1.2 percent in May from a year earlier, data from trade agency International Enterprise Singapore (IE Singapore) showed on Friday, after declining 0.7 percent in April for the first time in five months.Analysts, who had expected a 3.7 percent year-on-year decline ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Fri, June 16 2017. 08:36 IST
RECOMMENDED FOR YOU