Economic
Research
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17 October 2014
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Singapore
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Economic
Highlights
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Singapore’s non-oil domestic
exports (NODX) growth slowed to 0.9% y-o-y in September, from +6.0% in August
(-3.3% in July).The number was lower than consensus expectation of +2.9%.
However, on a cumulative basis, it gained pace to grow by 0.8% y-o-y in 3Q
2014, a rebound from -3.4% in the 2Q and -1.0% in the 1Q.
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