Home Capital Singapore economy

Analysts keep NODX estimates for 2022 unchanged amid easing NODX growth in March

Felicia Tan
Felicia Tan4/19/2022 12:50 PM GMT+08  • 6 min read
Analysts keep NODX estimates for 2022 unchanged amid easing NODX growth in March
View of Singapore's port as well as its central business district (CBD). Photo: Samuel Isaac Chua/The Edge Singapore
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

As Singapore’s non-oil domestic exports (NODX) for March declined for the second straight month, most analysts are keeping their estimates for the year unchanged.

March’s NODX growth of 7.7% y-o-y, however, stood above well above Bloomberg’s median forecasts of 1.6% y-o-y.

The month’s NODX has also brought NODX growth for the 1Q2022 to 11.4% y-o-y, surpassing the NODX growth of 9.6% y-o-y in the corresponding period the year before.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.
Unlock unlimited access to premium articles with less than $9 per month. Subscribe Now