Singapore non-oil exports surge 15.9% in June, beating forecasts

SINGAPORE, July 16 (Straits Times/ANN) - Singapore's non-oil domestic exports (Nodx) accelerated last month and at a pace faster than expected, aided by electronic and non-electronic shipments such as specialised machinery and petrochemicals.

Nodx surged 15.9 per cent from a low base a year ago, surpassing the 8.6 per cent gain in May. This also extended the positive growth trend seen since December last year, according to data released by government agency Enterprise Singapore (ESG) on Friday (July 16).