Singapore's non-oil domestic exports declined the most in more than three years in May as shipments to almost all major markets, especially to China, plunged from a year ago amid escalating trade disputes.
NODX fell 15.9 percent in May from the high base a year ago, data from Enterprise Singapore showed on Monday. This was the third consecutive fall in exports and the biggest since March 2016.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.