Singapore's Exports Surge 15.7% in July, Exceeding Estimates

Reported about 2 months ago

In a surprising turn of events, Singapore's non-oil domestic exports climbed by 15.7% year-on-year in July, significantly surpassing the 1.2% increase anticipated by analysts. This growth follows a revised decline of 8.8% in June. The increase was driven by robust electronics and non-electronics exports, with notable gains in shipments to Malaysia, the United States, and China.

Source: YAHOO

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