Singapore non-oil exports rise better-than-expected 12.8% in January

Electronic exports grew 13.5 per cent in January, following the 13.7 per cent expansion in the previous month. - ST FILE

SINGAPORE (The Straits Times/ANN):- Singapore's non-oil domestic exports (Nodx) surged 12.8 per cent in January from the low base a year ago, driven by shipments of specialised machinery, non-monetary gold, petrochemicals and electronics.

This was the fastest pace of growth since June last year, and topped economists' expectations for a 5.4 per cent rise, according to a Reuters poll. Nodx rose 6.8 per cent year-on-year last December, its second straight month of growth.