SINGAPORE: Singapore’s non-oil domestic exports (NODX) surged 12.8% 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% rise, according to a Reuters poll. NODX rose 6.8% year-on-year (y-o-y) last December, its second straight month of growth.
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