Singapore non-oil exports fall 14.6% in November, worse than expected

The slump in Singapore’s key exports deepened in November on weaker electronics and non-electronics demand. - ST FILE

SINGAPORE (The Straits Times/Asia News Network): The slump in Singapore’s key exports deepened in November on weaker electronics and non-electronics demand, according to data released by Enterprise Singapore (EnterpriseSG) on Friday (Dec 16).

Non-oil domestic exports (Nodx) shrank 14.6 per cent year on year last month, from a high base a year ago, EnterpriseSG noted. This was the second straight monthly contraction after nearly two years of growth.