Singapore's May exports down 0.1% y/y, better than forecast

A container vessel is docked at the port in Singapore. — AFP

SINGAPORE: Singapore's non-oil domestic exports edged down 0.1% in May from the same month a year earlier, data on Tuesday showed, with electronics exports growing for a second straight month, Enterprise Singapore said in a statement.

The almost flat result compared with a Reuters poll forecast of a 1.0% fall, and followed a downwardly revised 9.6% drop in April.