Singapore's July exports rise 15.7% y/y, stronger than forecast

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

SINGAPORE: Singapore's non-oil domestic exports rose 15.7% in July from a year earlier, data on Friday showed, with both electronics and non-electronics exports growing.

The rise compared with a Reuters poll forecast of a 1.2% increase in shipments, and followed a downwardly revised 8.8% contraction in June.