SINGAPORE (Reuters) – Singapore’s December non-oil domestic exports (NODX) rose 18.4% from a year earlier, official data showed on Monday, mainly due to stronger non-electronics exports, while electronics also grew.
The rise followed a decade record surge of 24.2% https://www.reuters.com/article/singapore-economy-exports-idUSKBN2IW023 in November.
Economists had expected a 13.8% increase, according to the median of 9 estimates.
On a seasonally adjusted month-on-month basis, exports rose 3.7% in December, extending the prior month’s 1.0% expansion, Enterprise Singapore said in a statement.
Economists had forecast a 1.4% rise.
(Reporting by Chen Lin in Singapore; Editing by Kim Coghill)
