Singapore
Singapore’s December exports rise 9pc y-o-y, stronger than forecast
File photo of cranes operating above a container ship docked at Singapore port November 2, 2015. — Reuters pic

SINGAPORE, Jan 17 — Singapore’s non-oil domestic exports rose 9 per cent in December from the same month a year earlier, data today showed, boosted by increased shipments of both electronic and non-electronic goods.

The increase compared with a Reuters poll forecast of a rise of 7.8 per cent and followed a 3.4 per cent rise in November.

On a month-on-month seasonally adjusted basis, non-oil domestic exports rose 1.7 per cent in December.

Non-oil domestic exports to the United Sates, Taiwan, Malaysia and Japan increased in annual terms in December, while shipments declined to China and the European Union, Enterprise Singapore said in a statement. — Reuters

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