Singapore's non-oil domestic exports or NODX grew 21% year-on-year in January, slowing from the 26% increase in the previous month, a report from International Enterprise Singapore showed on Wednesday. Economists were looking for a 35% rise.
Electronics NODX surged 23% on a yearly basis in January, after the 25% rise in the previous month. Economists had forecast electronics NODX to climb 39%.
On a monthly basis, NODX fell a seasonally adjusted 8.9%, reversing the previous month's 4.2% increase.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.