Thursday, September 18, 2014

RHB | Singapore | NODX Rebounded Amid Sluggish Electronics Exports

Economic Research
18 September 2014
Singapore

Economic Highlights




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.


Economist:  Singapore Research  | +65 6533 0781

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