Singapore's non-oil domestic exports declined at a slower-than-expected pace in September, due to the decrease in both electronic and non-electronic NODX, data from the International Enterprise Singapore showed Monday.
NODX fell 4.8 percent year-over-year in September, after remaining flat in the previous month. That was below the 5.8 percent drop expected by economists.
Exports of electronic products dipped 6.6 percent in September from a year ago, following a 6.0 percent fall in August. Economists had forecast a 9.0 percent plunge for the month.
The decrease in electronic domestic exports was largely due to ICs, disk drives and parts of PCs.
Similarly, shipments of non-electronic products slipped 4.0 percent in September, faster than prior month's 2.7 percent decline.
On a monthly basis, NODX rose 2.4 percent from August, when it dropped by 1.9 percent.
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