Singapore’s non-oil domestic exports (NODX) ended the year with a surprise increase in December that broke a two-month slowdown.
Official figures released by trade agency Enterprise Singapore (ESG) on Jan 18 showed a 6.8% y-o-y expansion in NODX thanks to a growth in both electronics and non-electronics shipments.
This is a significant improvement from 5.0% contraction registered in the previous month.
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