March exports fall after four months of rises


  • Business
  • Saturday, 17 Apr 2004

SINGAPORE'S surging export growth slowed in March after climbing for four straight months, hit by declining shipments of drugs and electronics to the United States and Europe, government data showed yesterday. 

The city-state's non-oil exports fell 10.2% from February after seasonal adjustment, double the market expectations, on a drop in shipments of computer goods such as disk drives and microchips as well as pharmaceuticals. 

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