Economic
Research
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18 September 2014
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Singapore
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Economic
Highlights
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Singapore’s non-oil domestic
exports (NODX) rebounded to +6.0% y-o-y in August from a contraction of 3.3%
in July and
-4.6% in June. The number was better than consensus expectation of +2.5%,
pointing to better economic growth in the 3Q amid tight labour policy.
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