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Singapore NODX Rises More Than Expected

8/16/2012 10:18 PM ET

Singapore's non-oil domestic exports (NODX) expanded 5.8 percent year-on-year in July, faster than the expected 5 percent growth, data released by IE Singapore showed Friday.

Both electronic and non-electronic shipments contributed to the increase in July. Non-oil exports rose a downwardly revised 6.6 percent year-on-year in June.

On an annual basis, NODX to all of the top ten markets, except the US, Japan and Malaysia and the European Union, increased during the month.

by RTT Staff Writer

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